$ES is trading in a zone that has historically been a strong demand area. The velocity of the decline is slowing, which could indicate that selling pressure is exhausting. Daily RSI is approaching levels that have preceded past bounces.
Entry zone: $0.00113 – $0.00114
Targets: $0.00160 and $0.00190
Stop loss: $0.00104
Watch for confirmation signals before entering.
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