Scandex Market Update – May 5

Tuesday, 05/05/2020 | 06:27 GMT

Disclaimer

ES found support today from VWAP off of the Feb high. This level was resistance in March and support in April. I am treating last week’s high as the bearish risk point but given the support hit today a bigger bounce is favored. Resistance should be 2890-2930.

Scandinavian Capital Markets Review

Source: https://scandex.com/2020/05/05/market-update-may-5/

Disclaimer

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