After buyers backtested 5630 major area on Tuesday, sellers have printed our biggest red day since 2022; getting us all the way to 5474 target. Today, buyers get a tiny window for relief pop
As of now: 5450 (held so far) is support. Barber staying above it will keep a pop to 5474, 5490, 5511+ in play. 5450 fails, we sell to 5438
As of now: 5450 (held so far) is support. Barber staying above it will keep a pop to 5474, 5490, 5511+ in play. 5450 fails, we sell to 5438
Nota
Full round trip for ES. I mentioned that if 5450 fails, we sell to 5438. That happened, buyers defended it for a quick failed breakdown of 4450 (overnight lows) and sent us 3 point shy of my 5490 target. Lock in part size if long. 5490, 5511 still up if buyers want. Same supports apply. Nota
typo. 5450* overnight lows. not 4450.
Penafian
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Penafian
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.