ES - Bullish price action in the hourly's

Name: ES - Bullish price action in the hourly's
Uploaded: 2018-05-18T10:33:19.003583
Channel: krugman25
Description: Price continues to consolidate on the daily chart so I take a look at any price action in the hourly charts. I see a potentially bullish hammer setup on the hourly chart off of a key price level. If the candle closes as a hammer and breaks above we may see that next strong bullish move up.

Long

E-mini S&P 500 Futures (Jun 2018) (CME_MINI:ESM2018)

CME_MINI:ESM2018 E-mini S&P 500 Futures (Jun 2018)

Candlestick Analysis Support and Resistance Chart Patterns ES SPDR S&P 500 ETF (SPY) SPX (S&P 500 Index) priceaction Bullish Patterns Technical Analysis Hammer Pin Bar Inside Bar

candlestick supportandresistance chartpattern es spy spx priceaction bullish technicalanalysis hammer pinbar insidebar

Price continues to consolidate on the daily chart so I take a look at any price action in the hourly charts. I see a potentially bullish hammer setup on the hourly chart off of a key price level. If the candle closes as a hammer and breaks above we may see that next strong bullish move up.

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