Yesterday was the most volatile session in ES since August, with three 100+ point round trips. I was looking for a squeeze to 5875—we hit 5875 exactly.
As of now:
• Size down—volatility remains high
• 5798, 5784 are key supports
• A recovery of 5822 is needed to push toward 5858
• If 5784 fails, look for a drop to 5763, then new lows
As of now:
• Size down—volatility remains high
• 5798, 5784 are key supports
• A recovery of 5822 is needed to push toward 5858
• If 5784 fails, look for a drop to 5763, then new lows
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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.