ES/SPX levels & targets sept 18th
It’s all noise for ES until FOMC at 2pm. Monday's 5680-5702 bull flag played out as expected, giving us a rally to 5732 target yesterday, before pulling back to 5680, and holding. 5680-5702 is the chop zone.
As of now: Bulls have control above 5680-85 (weak nos). If they hold, 5716, 5724, and 5759 are in play. If 5680 breaks, down to 5666 and 5638.
As of now: Bulls have control above 5680-85 (weak nos). If they hold, 5716, 5724, and 5759 are in play. If 5680 breaks, down to 5666 and 5638.
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