Price bounces off the Parabola. The Cup & Handle target has been hit. ES maintains its bearish outlook and potential targets to note. The Cup & Handle From Last Week Last week we reviewed the Cup and Handle Pattern on the 1 Hourly ES chart here. Target 1 was met as the price bounced off Read More…
Equity markets are known to be trending in nature over the years. With capital flows, investments, and economic expansion, developed world equity markets tend to go up by time thus compensating investors for the risk they are taking and the liquidity they are providing. This article will discuss a technical tool used to determine and follow the trend by showing showing an example on the S&P500 index.
