Yesterday’s target was around 6070, originating from Thursday evening’s big failed breakdown at 5918 in ES. We hit that level and sold off. Around 4pm yesterday, ES formed another mini-failed breakdown at 6016, up about 10 points so far.
As of now:
• 6016 is weak support.
• Holding above keeps 6043-46, 6066, and 6087 in play.
• If 6016 fails, look for a selloff toward 5997.
As of now:
• 6016 is weak support.
• Holding above keeps 6043-46, 6066, and 6087 in play.
• If 6016 fails, look for a selloff toward 5997.
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.
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.