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jwammo12

Confirmed Divergence and hammer on S&P 500 Daily $ES $SPY

Long
S&P 500 E-mini Futures (CME_MINI:ES1!)  
jwammo12  
CME_MINI:ES1!   S&P 500 E-mini Futures
Candlestick Analysis Oscillators Moving Averages
2
0
candlestick oscillator movingaverage
Divergence has been forming in the Major Indexes, with Monday providing a larger hammer candle. This provides a great entry to play a swing to the upside through December options expiration on the 21st, possibly being capped by the 50 day moving average, or higher at the 200 DMA.
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