26 June, Weekly Stock Market Review $ES_F
We shorted a retracement in S&P e minis at 1078, they have closed below their 200 day ema for two days now, this is bearish. Every move higher is on weaker volume and every move lower is on increased volume. Key resistance levels for next week are, 1088, 1103 and 1108. Have a good weekend everyone and Come On England!
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Martin Thomas is a retired investor, he is a consultant to hedge funds specialising in enhancing trader performance. He founded the Genius Trader Ltd in 2006. He has been advising traders since 2005. He is a guest speaker at Anthony Robbins Wealth Mastery Seminars.