ES Has To Hold A Higher Low to Reverse to Upside

ES Has To Hold A Higher Low to Reverse to Upside

If the overnight data is included, then ES shows a different picture than SPY. In particular ES is showing that it has broken through both down trendlines A and B. However I still draw the same forecast for ES: I expect ES to drop and hold support either at trendline A or at one of the support levels 1012, 1016, or 1006.

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