For the past 2-3 weeks, ES has been bouncing between the 5805 and 5740-30 range. Yesterday, I was watching for a rally to 5805, and we hit it. Now, we’re flagging ahead of CPI.
As of now: Expect more range filling for now. Supports are at 5795 and 5780 (weak). If buyers hold them, 5805, 5812, and 5819 are upside targets. If 5780 fails, look for a dip to 5769-73.
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.