Yesterday we closed underneath the 35 EMA right now so far where futures are at they are up .91% that would take us just underneath the 50 day moving average with the top of the implied move at 230 231 for tomorrow.
Underneath us, we have the four hour two under moving average and 225. You could see that both of those levels did catch us underneath that the 30 minute and the one hour to under moving average that is a bearish signal so even though futures are up right now, I think we’re gonna see that downward and a continuation down the downward channel.
Underneath us, we have the four hour two under moving average and 225. You could see that both of those levels did catch us underneath that the 30 minute and the one hour to under moving average that is a bearish signal so even though futures are up right now, I think we’re gonna see that downward and a continuation down the downward channel.
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