In the S&P 500 futures (/ES), a decisive break and close below 5965 would confirm bearish structure on the higher time frames, signaling a shift in market sentiment. Following the break, we anticipate a corrective pullback toward the 6000–6010 supply zone. This retracement can offer an optimal short entry, with the initial downside target set at 5900, aligned with the next liquidity pool and previous demand zone
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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.