CME_MINI:ESZ2018   E-mini S&P 500 Futures (Dec 2018)
22:00 EST 19/11/2018

Long Term: ESZ is forming patterns to go upto 1 day target on a long term. It has formed a green candle with reversal and confirmation is getting formed as of now. It is expected to come down from 2 hours resistance as 2 hours was con neg and it was touching 2 hours for the first time so it is expected to come down to 30 mins support atleast and then bounce. It has green candles in 3 and 4 hours also so it can hit the 3 and 4 hours target this week.

Short term : On a short term ESZ is expected to come down to 30 mins support atleast form 2 hours and then bounce again. It may even go to 1 hour support as there is a red candle in 1 hour. It is then expected to hit 3 hours target after breaking the 2 hours resistance.

Core strength : 10 mins (for long trades) and 2 hours(for short trades)
Confirmed Neg : NA

Largest TF Positive Indicator : 1 Day
Largest TF Negative Indicator : 1 Hour

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