DESCRIPTION: In the chart above I have provided an updated version of my previous chart for ES1! .
POINTS: 1. Price Action has broken previous pennant and fallen into a consolidation phase. 2. Breaking through this consolidation phase would either require breaking 3900 to the upside or 3800 to the downside.
Current Fall Percentage = -9.47% Current Fall in Points = -1585 Average Fall Percentage = -14.63%
NOTE: *Highlighted Channel 3800 - 3900 is current price action range where DIX HAS SHOWN TO SPIKE THE MOST.
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