ES is forming lower highs and lower lows and is trying to take support at 4373. Once the US markets open it may fail here and can test 4340 - 4330 by EOD today. #SP500 #ESfutures #SPX #SPY #NZX #ASX #NI225 #HSI #NIFTY #DAX #LSE #FTSE #Emini #ES #TYK_Trade
ES moved by more than 100 points in last 24 hours and is now in overbought state on hourly chart. In this state it cannot keep going up and can see a pullback once the US markets open to test lower 4300s by EOD today. #SP500 #ESfutures #SPX #SPY #NZX #ASX #NI225 #HSI #NIFTY #DAX #LSE #FTSE #Emini #ES #TYK_Trade
ES is still following the falling wedge pattern on daily, it is still below 3 major moving averages - 20, 50, 100 day MA. It may go as high as 4328 - 4330 by the end of the day today before turning down to test 4250s. #SP500 #ESfutures #SPX #SPY #NZX #ASX #NI225 #HSI #NIFTY #DAX #LSE #FTSE #Emini #ES #TYK_Trade
ES is forming a falling wedge on the daily chart, right now it is facing the resistance at 100 MA on Daily chart. If it breaches the support at 4320 it may likely test 4270-4260 by EOD today. #SP500 #ESfutures #SPX #SPY #NZX #ASX #NI225 #HSI #NIFTY #DAX #LSE #FTSE #Emini #ES #TYK_Trade
After the sell off yesterday ES tried to take support at 4367 and is trying to negotiate the resistance at 4418. It may try to get over 50 MA on hourly chart and fail at that level during the US trading hours today. #SP500 #ESfutures #SPX #SPY #NZX #ASX #NI225 #HSI #NIFTY #DAX #LSE #FTSE #Emini #ES #TYK_Trade
ES tried to punch through the resistance at 4384.5 but failed and is now trying to take support at 4362. It may bounce back up at the open of US markets like it did yesterday and may test 4390s again. #SP500 #ESfutures #SPX #SPY #NZX #ASX #NI225 #HSI #NIFTY #DAX #LSE #FTSE #Emini #ES #TYK_Trade
ES failed at the resistance at 4379 and is struggling to stay above 4362. If it manages to stay above 4362, they day may test 4379-4400 on upside else we may see lower 4300s again. #SP500 #ESfutures #SPX #SPY #NZX #ASX #NI225 #HSI #NIFTY #DAX #LSE #FTSE #Emini #ES #TYK_Trade
ES failed the resistance at 4444 today and failed support at the trend channel from last year. If it is able to get back inside the channel (which it is trying to get back in) we may see some recovery upto 4425 - 4430. #SP500 #ESfutures #SPX #SPY #NZX #ASX #NI225 #HSI #NIFTY #DAX #LSE #FTSE #Emini #ES #TYK_Trade
ES failed to cross the resistance at 4476 and is trying to take support at 4427.25 If it takes support from here it may try to overcome the resistance between 4475 - 4500 #SP500 #ESfutures #SPX #SPY #NZX #ASX #NI225 #HSI #NIFTY #DAX #LSE #FTSE #Emini #ES #TYK_Trade
ES failed the resistance at 4449 and is forming a falling wedge pattern on hourly chart. If it breaks up from falling wedge we may see it test 4450 - 4460 range, else on down side it can possibly test 4400 again. #SP500 #ESfutures #SPX #SPY #NZX #ASX #NI225 #HSI #NIFTY #DAX #LSE #FTSE #Emini #ES #TYK_Trade
ES is trying to trend upwards after crossing the neckline at 4390, it is trying to get over the resistance at 4412 and 4427. If it manages to overcome these resistance levels it may close at 4430 - 4435 by EOD today. #SP500 #ESfutures #SPX #SPY #NZX #ASX #NI225 #HSI #NIFTY #DAX #LSE #FTSE #Emini #ES #TYK_Trade
ES formed a doji yesterday on daily chart which is the first sign of reversal on daily chart. Once it crosses the neck line (4390) on the double bottom formation on hourly chart the measured move target would be 4470. #SP500 #ESfutures #SPX #SPY #NZX #ASX #NI225 #HSI #NIFTY #DAX #LSE #FTSE #Emini #ES #TYK_Trade
ES took a reversal at 4293 yesterday. as of now it is taking support at 4362.5 It may likely stay range bound between 4390 and 4350 until EOD today. #SP500 #ESfutures #SPX #SPY #NZX #ASX #NI225 #HSI #NIFTY #DAX #LSE #FTSE #Emini #ES #TYK_Trade
ES failed to cross the resistance at 4480 on Friday and continues in downturn. It is trying to take support at 4350 and by EOD today it can try to test 4380s on upside and 4330s on down side. #SP500 #ESfutures #SPX #SPY #NZX #ASX #NI225 #HSI #NIFTY #DAX #LSE #FTSE #Emini #ES #TYK_Trade
ES has been range bound the whole day between 4450 and 4470. It would likely stay sideways until the end of the day today. We may see some signs of recovery towards the close of market today or early next week. #SP500 #ESfutures #SPX #SPY #NZX #ASX #NI225 #HSI #NIFTY #DAX #LSE #FTSE #Emini #ES #TYK_Trade
ES break out of falling wedge pattern during the US trading hours yesterday. It is trying to negotiate the resistance at 4470 and may likely test 4500-4520 by EOD today. #SP500 #ESfutures #SPX #SPY #NZX #ASX #NI225 #HSI #NIFTY #DAX #LSE #FTSE #Emini #ES #TYK_Trade
ES is forming a falling wedge pattern on a 4 hour chart. It may touch 4420's again before coming out of squeeze and we may possibly see some signs of reversal by EOD today or some time tomorrow. #SP500 #ESfutures #SPX #SPY #NZX #ASX #NI225 #HSI #NIFTY #DAX #LSE #FTSE #Emini #ES #TYK_Trade
ES is forming another lower low as has been the pattern for the last few days. If it fails 4451 it may test 4420s during hte US trading hours today. #SP500 #ESfutures #SPX #SPY #NZX #ASX #NI225 #HSI #NIFTY #DAX #LSE #FTSE #Emini #ES #TYK_Trade