ES Analysis 14 Aug 2020

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• ES had been moving sideways since morning and now in the last 2 hours had some drop.
  The correction happening now is a healthy correction as the trend is still up and it had been moving too hot too soon.
  This correction is necessary to assimilate the growth since August 3, this is a major resistance level at 3397.5 from where the crash began on February 20.