ES has been steadily recovering since the crash early Feb. If the rising trendline support doesn't hold, be ready for another leg lower, possibly a retest of lows. At the moment I'd be rather on the safe side, so neutral.
Kommentera:
ES has followed a path that was very much expected. I would expect it to find a bottom somewhere around 2625 in the following 2 weeks. Tho I advise not to try to catch a falling knife as a retest of the lows is not something to be excluded.