ES futures "Bullish" for today. Price should test 2030 by today, at this level there is some resistance.
Also, there appears to be hidden bullish divergence i.e.,
Price (Higher-low) MACD indicator (Lower-low).
Trade#1: Long@ 2021.00, Target 2030, Stop:
tick below 2018 Update: Stopped out 2016.75.
Trade#2: Long@ 2019,
Target 2030, Stop: price close below 2017.50 Closed 2019.5.
Reversing
Update analysis
On 5Hr chart there is Bearish Divergence i.e., (Price higher-high) MACD (lower-high)
Trade#3: Short @ 2019.5, Target: Not sure, maybe 2007, Stop: 2027. Update: Adding short @ 2024.75
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