ES has been revolving around 5757-63, acting as a key magnet. It held as support in the morning, leading to a rally toward 5822, but once it failed in the afternoon, the market sold off to the 5725 target. Now, NFP will dictate the next move.
As of now:
• 5763 must recover to target 5777, 5794, and 5822
• On an NFP flush, 5714 and 5700 must hold to prevent deeper downside
As of now:
• 5763 must recover to target 5777, 5794, and 5822
• On an NFP flush, 5714 and 5700 must hold to prevent deeper downside
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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.