Hi Everybody.
Well, it looks like the Daily DP Resistance zone (that the ES hit on Nov. 9th) appears to be holding. The rally from the Nov. 10 low into the Nov 16 high appears to be corrective. This would indicate a continued decline to come. A weak Daily close below the Nov 10 low would be confirmation of this.
So let's watch the ES (US Stock Market) and see how this unfolds over the coming days.
Thanks
Well, it looks like the Daily DP Resistance zone (that the ES hit on Nov. 9th) appears to be holding. The rally from the Nov. 10 low into the Nov 16 high appears to be corrective. This would indicate a continued decline to come. A weak Daily close below the Nov 10 low would be confirmation of this.
So let's watch the ES (US Stock Market) and see how this unfolds over the coming days.
Thanks
MTPredictor Professional Trading Software: mtpredictor.com
Trading View Scripts: mtpredictor.com/tradingview
Help Videos: mtpredictor.com/tradingviewhelp/
Trading View Scripts: mtpredictor.com/tradingview
Help Videos: mtpredictor.com/tradingviewhelp/
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.
MTPredictor Professional Trading Software: mtpredictor.com
Trading View Scripts: mtpredictor.com/tradingview
Help Videos: mtpredictor.com/tradingviewhelp/
Trading View Scripts: mtpredictor.com/tradingview
Help Videos: mtpredictor.com/tradingviewhelp/
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.