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/ES : Bullish with Weekly kumo resistance

/ES hit a low of 1927 pre-US trading hours on Tuesday. By US open, it has rally and consolidated at the 1940 range. Breaking out of the Chikou Span resistance on the Ichimoku 5 minute…

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/ES : Kumo resistance – bull-bear tug of war at 1962

With the recent rally from 1802, /ES has formed a ‘double bottom’ and a ‘W’ formation has confirmed a possible rally. As it enter the 1962 region, the thick kumo resistance signifies possible heavy resistance…