January 10th Support/Resistance and Bull/Bear Case
This weekend I spent some time learning Ichimoku Cloud and Fibonacci retracements and this is the first time applying this to ES futures, so feel free to point out any mistakes.
FOMC price crossed over the Tenkan-Sen (Conversion) last week indicating a possible trend reversal.
Tonight futures opened bouncing off Kijun-Sen (Base) support. Stoch RSI is oversold on the 1D and would indicate a reversal trend is possible.
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