Trading levels for 08/14/2018

Hey everybody here are the levels for trading on Tuesday, we had a good day in the markets, a couple of divergence trades and one continuation trade as well. Moving forward, the market bounced as we expected, but it looks like the bulls are running out of steam, if the bears can take 7380 the market might be in a difficult position to continue moving higher, in the other hand a move above 7500 will probably take us to new highs.
Taking a look at ES as of right now is sitting in a decision zone, a close below the trendline will be very bad for the bulls.

Please keep in mind that these are not trading signals, use your own analysis before taking any trades.

PLAN YOUR TRADE AND TRADE YOUR PLAN

K.R.S.

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