ES Morning Update Jan 30th
Yesterday chopped around one key level in ES: 6066-70. It failed pre-FOMC, with a few very quick dips below it til market closed..after, targets at 6087(hit), 6094(hit), and 6105(not yet). We reached 6101 tops overnight.
As of now:
• 6074, 6066 = key supports; bulls remain in control above
• Holding keeps 6098, 6105, and 6120 in play
• If 6066 fails, expect a selloff toward 6055, then 6043
As of now:
• 6074, 6066 = key supports; bulls remain in control above
• Holding keeps 6098, 6105, and 6120 in play
• If 6066 fails, expect a selloff toward 6055, then 6043
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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.