ES Has Bottomed

Agree?

  • Yes

    Votes: 9 32.1%
  • No

    Votes: 19 67.9%

  • Total voters
    28
Support for this market is right here in the 2335 to 2340 area. If this fails, the next support is 2280 , followed by 3rd support at 2260. I think the 2335 to 2340 area holds.
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NOT exactly the same but very close ,50 dma; $233.00 SPY is 50 day moving average. NOT a prediction; we have had 2 closes above 50dma[ this week] ,looks like it may close again above it today. Not a prediction ;TGT is still down-trending below 50 dma, 200 dma, in 2015, 2016 2017.......

That 50 day moving average[ema] will not be exactly the same number on every chart service; but IBD, SPY chart shows it that way also, 12;00 noon CST,March 23.
 
We've stitched up our short swings and staying with day trades. However, Michael J Fletcher (a rhyme) have us looking at BABA. Thanks for heads up Fletcher.
 
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