ES1! Futures
Below are images of ES1! Futures with Divergence playing out, images are of the 3M, M, W, and Daily. I believe for the 3M is correcting all the way to $2919 support. This will take some time to get to this level with a few bounces.
3M: Support at the Higher High RSI level.
Month: Divergence playing out after July crossed the Higher High RSI level. Support at the Higher Low RSI level.
Week: Week of July 31st RSI cross under RSI previous High. Going to test this level 4147.
Day: 8.15.23 Daily closed under RSI High Level. Daily is in oversold conditions and will bounce back the Higher High RSI level "Red" and probably will break the Higher Low level.
3M: Support at the Higher High RSI level.
Month: Divergence playing out after July crossed the Higher High RSI level. Support at the Higher Low RSI level.
Week: Week of July 31st RSI cross under RSI previous High. Going to test this level 4147.
Day: 8.15.23 Daily closed under RSI High Level. Daily is in oversold conditions and will bounce back the Higher High RSI level "Red" and probably will break the Higher Low level.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.