Es levels and targets October 18
Following a 70-point squeeze, yesterday was a chop day in ES. Overnight support at 5878 held right on target, and reclaiming 5892 was key to triggering the move to 5900, which we’ve now reached.
As of now: It’s OPEX, so be cautious and avoid overtrading. The 5892-5902 zone is chop, but it leaves 5907 and 5915+ on the table. If 5892 breaks, look for a dip to 5878.
As of now: It’s OPEX, so be cautious and avoid overtrading. The 5892-5902 zone is chop, but it leaves 5907 and 5915+ on the table. If 5892 breaks, look for a dip to 5878.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.