July 24, 2017

ES Trend update

  • ES Hourly charts continues to favour bulls.
  • Small weakness only if price starts to trade below 2465 levels.
  • Staying above the hourly cloud will continue to favour bulls for new high's.

July 21, 2017

ES Chart analysis before opening bell

  • ES one hour shows price testing the Hourly cloud. Bears need to keep price below the cloud for bigger falls to follow.
  • 4 Hour chart shows crucial levels for bulls to stay above to avoid a bigger correction.

July 20, 2017

ES Daily and Hour TF Before opening bell

  • Staying above 2450 levels will continue to favour bulls of ES. Price likely to hit 2500 before it moves below 2450 level.
  • Hour chart shows support at rising Ichimoku cloud. Things may turn in favour of bears only if price starts to stay below Hourly cloud. So Hourly cloud crucial support zone for bulls to hold above.