ES levels and targets Oct 22nd

Since Thursday, ES has been all about one level: 5892, acting as a magnet. Yesterday, we saw a failed breakdown at 5878, with targets at 5892 and 5902. We hit 5902 but sellers rejected overnight.

As of now: Supports are at 5867 and 5855-57. Bulls need to reclaim 5878 to push back toward 5892+. If 5855 fails, 5843 is next down.
Chart PatternsS&P 500 E-Mini FuturesTechnical IndicatorsMES1!S&P 500 (SPX500)Trend Analysis

Also on:

Disclaimer