Welcome to the Traderfy Trend Aug 2,0 2015
This morning we find the $ES_F in a continued down trend move that started on Aug 19 and continued to stay in a down trend through the FOMC notes release. On the $ZB_F front, it is continuing the up trend that started yesterday with a bit of pullback into the market open. Lastly, crude oil futures $CL_F, are still in a down trend that has been in effect for days.
Additionally, the $ES_F wedge pattern on the daily chart, is hinting at a break to the downside today. This afternoon’s close will be important.
Check out the video for much more detail and import price levels.