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Is ED preparing to trend lower? Directional Movement Crossover Bearish shows up after dropping 1.79%
ED closed down 1.79% on Friday, August 21st, with volume running 1.3× above average. Directional Movement Crossover Bearish — typically a warning sign for traders — developed during the session. Key support levels exist at 105.57, 104.76 & 103.34, with resistance at 107.79, 109.21 & 110.02.
Current SwingTradeBot Technical Rating of ED: C
Just a sneak peek — check SwingTradeBot.com for the full story on ED.
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