ES has been stuck in the same range for nearly four days, with 5858-5875 acting as resistance and 5763 holding as support. Yesterday followed the same pattern—I was looking for a rally to resistance, we got it, and then the market reversed back down.
As of now:
• 5777, 5763-57 are key supports
• Reclaiming 5798 sets up a move toward 5809, 5822+
• If 5757 fails, expect selling to 5725
As of now:
• 5777, 5763-57 are key supports
• Reclaiming 5798 sets up a move toward 5809, 5822+
• If 5757 fails, expect selling to 5725
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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.