E-Mini S&P 500 Chart Analysis 5 March 2021
ES has been continuing in the downtrend for the 13th trading day and is sitting precariously at the edge of the Fibonacci channel.
It is forming a falling wedge formation and once 2 consecutive daily candles form higher highs , we would have a confirmation of trend reversal.
#SP500 #ESfutures #SPX #SPY #NZX #ASX #NI225 #HSI #NIFTY #DAX #LSE #FTSE #Emini #ES #DanishTrades
It is forming a falling wedge formation and once 2 consecutive daily candles form higher highs , we would have a confirmation of trend reversal.
#SP500 #ESfutures #SPX #SPY #NZX #ASX #NI225 #HSI #NIFTY #DAX #LSE #FTSE #Emini #ES #DanishTrades
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