last 5 $ES_F closes 939.5, 938.75, 940.5, 940.5, 940.25
Update Cash CLose:
talk about a market that is not going anywhere in a hurry… last 4 $ES_F closes 939.5, 938.75, 940.5, 940.5 and today won’t be much different, 941 - 50% retracement from overnight highs.
Better days will be here in 3.5 billion years…
Have a great rest of the day
Watching retracement from overnight highs right in the area of the pivot on the way up at 941:
As always be careful during last hour
next big ambush is at 922 which is retracement of 3 week action and also previous s/r level. At this point after some technical break downs ambushes from today’s highs should also be considered.
below there, likely heading for retest of 200dma which today is at 911.
Good Morning Traders,
considering 955 holds, watching ambush retracement at previous resistance level of 946.25 for immediate direction clues (would also be backtest of neckline of head and shoulders from yesterday’s intraday update, with target of 967), with ambush from the bottom of the range being 940.25.
Good luck and good trading to all