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

Giao dịch đang hoạt động:

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

Giao dịch được đóng thủ công:

closed position on the 15 min reversal at the open

Bình luận:

also visible on the 30 min tf