Trading plan for Aug. 26, 2016

160825-ES-daily

ESU6 Aug. 25, 2016. Daily chart.

ES tried to push price below the 20-day moving average line most of regular trading session, but at the end it still managed to close above the 20ema.

It feels like the ES wants to hold up. Without follow-through, the past two days may just be noise.

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