ES has dropped below the 50 MA in red, which may not be a big deal as for now, it's been on a clear path since breaking out at 4354; however, ES is approaching new highs and could either proceed to the next stage or pullback. The 200 MA in blue is a good support/resistance point to watch.
ES has dropped below the 50 MA in red, which may not be a big deal as for now, it's been on a clear path since breaking out at 4354; however, ES is approaching new highs and could either proceed to the next stage or pullback. The 200 MA in blue is a good support/resistance point to watch.