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ES forms 50 Day Moving Average Support on August 6
ES finished lower by 0.57% on Thursday, August 6th, trading 1.2 times its typical volume. Multiple bullish signals emerged — 50 DMA Support and Lower Bollinger Band Walk — suggesting potential strength ahead. Key support levels exist at 71.33, 70.61 & 69.69, with resistance at 72.97, 73.89 & 74.61.
Current SwingTradeBot Technical Rating of ES: B
Today’s move could mean more—check all the signals for ES on SwingTradeBot.
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