ES brutal rejection but...

Is there a still a chance it goes up? The bullish thesis looks compromised but if it hangs above 3820-3850 (20 and 10 day SMA) this week there is still a chance we break the trendline and move to 4100 - Could be still be a simple retracement/shakeout (50% retracement from july 14 low at @ 3815)

Note the hidden bullish divergence on the RSI and the muted volume today daily

Could bounce here as VWAP anchored at July 14 low is sitting at 3828

Trade aktif:

Wow
Strong breakout of the trendline
Did bounce on the VWAP anchored on the July 14 low

Trading ditutup secara manual:

closed position on the 15 min reversal at the open

Komentar:

also visible on the 30 min tf