Wednesday, June 29, 2022

Lower Low - Doji Day

Overnight ES futures made a marginal new lower low. During the day stock futures traded sideways, possibly in a flat or triangle. At the close prices were near the mid-point of the ES 30-min intraday wave counting screen. Price did not approach an intraday pivot point today. The daily chart is below.


The daily bias remains lower. the slow stochastic has crossed to the down side.

Comments remain temporarily disabled. Have a good start to your evening,

TraderJoe


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