#ES1! Hourly Chart
Hourly orders are currently flowing downward.
It was also emphasized yesterday that if it fell below EQL, the structure would be damaged. Here we also tested 1H OB again last night. After being rejected, it fell downwards and fell directly below range-L. Let’s first look at the test of 3934, which is the 1H OB here. If it is supported here, we will see the test of BK on the rebound. Rejected, continue testing down to 3891. If the breakout fails, then continue to look at the test of 1H OB above.
Hourly orders are currently flowing downward.
It was also emphasized yesterday that if it fell below EQL, the structure would be damaged. Here we also tested 1H OB again last night. After being rejected, it fell downwards and fell directly below range-L. Let’s first look at the test of 3934, which is the 1H OB here. If it is supported here, we will see the test of BK on the rebound. Rejected, continue testing down to 3891. If the breakout fails, then continue to look at the test of 1H OB above.