Sell Signal in the ES
A sell signal has fired in the daily chart of the E-Mini S&P 500 futures contract (ES..), which forecasts a potential decline and a change in trend. Let’s take a look..
A sell signal has fired in the daily chart of the E-Mini S&P 500 futures contract (ES..), which forecasts a potential decline and a change in trend. Let’s take a look..
The E-Mini Russell 2000 is giving me conflicting vibes about future direction. While lower timeframes indicate a downside reversal to come, the daily chart suggests a little more upside could be seen. Let’s take a look.
Yesterday I wrote that we could see a major breakout opportunity in the Dow Jones Industrial Average today – and we were rewarded with a beautiful 268 point move! Since I gave you my analysis for forecasting today’s breakout, I wanted to follow that up with how I traded the setup, essentially giving you the anatomy of today’s winning trade.
The E-Mini NASDAQ 100 futures contract is in the midst of a three-day pull-back after topping out at 1,940 earlier this week. However, more selilng pressure could be seen ahead – at least that’s what my Modified PEMA Crossover signal is telling me.