Draghi-Central Bank Put to the Test

Mike Paulenoff By

ES-- Heading into the final hour of trading, the price structure is on the low of the day, not far from my optimal next downside target zone of 2720/30. If ES is unable to recover and sustain strength above 2755.00, then I will not be able to rule out downside continuation directly to 2720/40, in route to 2680/90 thereafter... Last is 2742.50 off of an intraday low at 2738.50...
3 07 ES 3 GIF
3 07 ES 3 GIF

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