ES futures (Apr 17)

Short-term bears have the upperhand on ES futures, as long as the market remains below the downtrend line on the daily. The line is the obvious bullish target and location of stops.

Disclaimer: All opinions expressed in this blog are solely for information or educational purposes. The presented material does not constitute investment or trading advice. The presented material has no regard to the specific investment objectives, financial situation, or particular needs of any viewer. I bear no responsibility for any actions taken or not taken by third parties after reading the blog! You are advised to consult with a qualified professional before making any investment decisions. I may have an interest and may make purchases or sales in the securities referred to in the blog.

source: INVESTING.com

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