Type: Bullish ContinuationKey Levels:Resistance:4173.25Pivot:3913.25Support:3751.75Preferred Case:On the H4 chart, we have a bullish bias. Furthermore, the price is above the Ichimoku cloud , indicating a bullish market. If the bullish trend continues, price may move towards the 4173.25 resistance level , which contains the 78.6% Fibonacci Fibonacci line.Alternative Scenario:Price could retest the pivot line at 3913.25, where the 50% Fibonacci line is. Fundamentals:There are no major news.
from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/s-and-p-500-e-mini-futures-es1-h4-potential-for-bullish-continuation29"
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