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Is ES set to breakout? NR7 shows up after advancing 0.59%
ES posted a 0.59% gain on Wednesday, August 12th, accompanied by 0.6× normal trading volume. consolidation patterns formed: NR7, suggesting a potential continuation after price stabilization. Key support levels exist at 71.07, 70.6 & 70.29, with resistance at 71.85, 72.16 & 72.63. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of ES: C
See all signals and full analysis for ES on SwingTradeBot.com →
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