Since open today morning ES tried to break above the resistance level in the channel, however it failed and formed a bear flag instead. The next support currently is 3438 and if that fails the next major support is at 3397.5 and 3389.5 #SP500 #ESfutures #SPX #SPY #NZX #ASX #NI225 #HSI #NIFTY #DAX #LSE #Emini #DanishTrades
ES has been hanging around 3525 since yesterday and has been trying to test 3525 since open today morning. As of now, it is precariously hanging above 3495, the next possible support is at 3482 i.e. the next level of channel. #SP500 #ESfutures #SPX #SPY #NZX #ASX #NI225 #HSI #NIFTY #DAX #LSE #Emini #DanishTrades
As per the pattern since October 7, ES is forming another high base pattern and has been moving sideways since open today morning. However, today the sideways movement is happening at a resistance level of 3525. This may possibly be the level where ES consolidates before resuming the uptrend. #SP500 #ESfutures #SPX #SPY #NZX #ASX #NI225 #HSI #NIFTY #DAX #LSE...
Since open today morning, ES has continued the bull run that started on 7th October. This is forming into a pattern like the one seen in end of May and August, the longer it takes to consolidate the harder would be the correction once again. #SP500 #ESfutures #SPX #SPY #NZX #ASX #NI225 #HSI #NIFTY #DAX #LSE #Emini #DanishTrades
ES has been moving sideways since open today morning, once again waiting for the US markets to open and pick a direction. This bull run since October 7 needs to consolidate, else it would have a stronger correction in coming days. #SP500 #ESfutures #SPX #SPY #NZX #ASX #NI225 #HSI #NIFTY #DAX #LSE #Emini #DanishTrades
ES has been in a bull rally since open yesterday morning, however since open today there was some sideways consolidation until the shoot up when DAX opened and reversal when LSE opened. For the last 3 hours it is trending down towards the support at 3420 and 3397.5, but the trend would be confirmed once the US market opens. #SP500 #ESfutures #SPX #SPY #NZX #ASX...
After hitting a high of 3421.75 ES dropped to 3330.50, it did find support at the one of the levels if the channel. Since the open today morning ES has bounced back up towards the top of the box again. However, as mentioned in yesterday’s video if it tests the resistance at 3389.5 – 3397.5 it may see reversal of trend again. #SP500 #ESfutures #SPX #SPY #NZX #ASX...
ES had a bull rally yesterday when the US markets opened, however it encountered the resistance at 3389.5 and 3397.5 Since open today morning has been hanging around the levels of 3389.5 and 3397.5, once again waiting for the US markets to give a direction. With the current uncertainty in the market the resistance should hold up and ES should follow the sideways...
Though ES gapped up at the open today morning, it has been moving sideways ever since. As of now it is stuck between 3370 and 3350, waiting for the US markets to open before it picks up a direction. #SP500 #ESfutures #SPX #SPY #NZX #ASX #NI225 #HSI #NIFTY #DAX #LSE #Emini #DanishTrades
ES failed the resistance at 3389.5 yesterday and in last 8 hours saw a sharp drop. As of now it is taking support at 3322 and at one of the levels of the channel. This is in sync with the sideways consolidation which is expected to last until end of November. #SP500 #ESfutures #SPX #SPY #NZX #ASX #NI225 #HSI #NIFTY #DAX #LSE #Emini #DanishTrades
ES is continuing the uptrend from yesterday, but it is headed towards the next major resistance level at 3389.50 It may hit the resistance in the next few hours and stay below that level until the end of the day today. #SP500 #ESfutures #SPX #SPY #NZX #ASX #NI225 #HSI #NIFTY #DAX #LSE #Emini #DanishTrades
ES has been dancing around the support/resistance level of 3329.5 since the later part of the day yesterday. On the hourly chart there has been a reversal in the down trend since DAX opened and this upward trend should continue when the US markets open. #SP500 #ESfutures #SPX #SPY #NZX #ASX #NI225 #HSI #NIFTY #DAX #LSE #Emini #DanishTrades
ES has been moving sideways since morning, which is a good thing considering the reversal since September 25. It would most likely continue the sideways consolidation until the end of the day today, possibly leading to a doji on daily candle. #SP500 #ESfutures #SPX #SPY #NZX #ASX #NI225 #HSI #NIFTY #DAX #LSE #Emini #DanishTrades
ES has been in a bull run since open today morning after opening with a gap up. As of right now it is trying to get above the resistance at 3229.5 and should try to stick around that level until the end of the day today. #SP500 #ESfutures #SPX #SPY #NZX #ASX #NI225 #HSI #NIFTY #DAX #LSE #Emini #DanishTrades
ES has been going sideways on hourly chart since open this morning, this trend may most likely continue until the end of the day. It is struggling to stay above the support/resistance level of 3236 and the daily candle may end up being a doji. #SP500 #ESfutures #SPX #SPY #NZX #ASX #NI225 #HSI #NIFTY #DAX #LSE #Emini #DanishTrades
ES has been moving sideways since open this morning, it is waiting for the US market to open to pick a direction. It did fail a major support/resistance level at 3236.75 yesterday hence it may need some good momentum to go back up but for now the indication is otherwise. #SP500 #ESfutures #SPX #SPY #NZX #ASX #NI225 #HSI #NIFTY #DAX #LSE #Emini #DanishTrades
ES has been in an up trend since late hours yesterday and should continue this trend when the US market opens . The next major resistance is at 3329.5, which is close to the point when ES might try to get back inside the channel. #SP500 #ESfutures #SPX #SPY #NZX #ASX #NI225 #HSI #NIFTY #DAX #LSE #Emini #DanishTrades
After the sell off yesterday, ES is trying to recover the losses since late hours yesterday. There are no signs of a downward trend yet and it is expected to go back into sideways consolidation mode over next few weeks. #SP500 #ESfutures #SPX #SPY #NZX #ASX #NI225 #HSI #NIFTY #DAX #LSE #Emini #DanishTrades