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ES EMA Crossing. 4060-4100 Target following CPI
S&P 500 E-mini Futures
Long
ES EMA Crossing. 4060-4100 Target following CPI
By NumbaGoUpCapital
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Updated
Jan 11, 2023
2
Jan 11, 2023
20ema crossing 50ema on daily, past two times we've seen a ~6% increase & ~4% increase respectively in the leading days.
20ema is currently crossing 50ema. Should rally with solid CPI on Thursday. 4060-4100 target.
Jan 11, 2023
Note
Also have ascending triangle support with daily close above 3920
4000
4100
Bullish Patterns
CPI
emacross
ES
Moving Averages
S&P 500 (SPX500)
SPDR S&P 500 ETF (SPY)
Support and Resistance
Wedge
NumbaGoUpCapital
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