Despite all the volatility yesterday, ES is right back where it started. After holding ~5933 support, the target was 5996, a major resistance shelf. As expected, it’s taking time to break through and has held all night.
As of now:
• Hold the runner
• Staying above 5988 keeps 6004, 6015, and 6020+ in play
• If 5988 fails, expect a dip toward 5962-58
As of now:
• Hold the runner
• Staying above 5988 keeps 6004, 6015, and 6020+ in play
• If 5988 fails, expect a dip toward 5962-58
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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.