Lets look at what we can expect from ES tonight and important areas to watch for reactions. Right now we have inventory leaking out from the range that we were holding from October 19th. Tonight we have 4370-4350 an area where we can see good mount of short covering to support us tonight and if holds a good area for responsive longs, sellers are over 4400-4420 and that is where we can revisit tonight or tomorrow during RTH. If buyers under 4350 get filled we we can find ourselves at 4330-4300 and if 4420 sellers get cleaned out can see 4450-4470.
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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.