S&P 500 (ES) - Fight for previous day low
The previous day's low (5038) is currently supporting the bulls. Interestingly, we have not been able to break through the overnight high (5057) yet. A breakout above it can set new impulses, with the next targets being the upper #BouhmidiBands (5069) and the previous day's high, which is even higher at 5095. However, a break below the previous day's low (5038) could further fuel the downward journey. The next targets would then be 5010 and the lower BB at 4963.
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.