Daily/Weekly/Monthly are all in balance right now on ES
We are currently trading in a 3-day balance between
4547.50-4539 and 4507-4498
We have a large node pivot above us at 4527.50-4523.75 that should determine if we seek the low or the high of the balance before we break either side
IF 4507-4498 becomes resistance, I will be looking for a breakdown to 4489 > 4469 > 4459
IF 4539-4547.50 becomes support, I will be looking for a breakout to 4555 > 4575 > 4484.75 > 4591
Play the current balance until we see a clear breakout of either side.
We are currently trading in a 3-day balance between
4547.50-4539 and 4507-4498
We have a large node pivot above us at 4527.50-4523.75 that should determine if we seek the low or the high of the balance before we break either side
IF 4507-4498 becomes resistance, I will be looking for a breakdown to 4489 > 4469 > 4459
IF 4539-4547.50 becomes support, I will be looking for a breakout to 4555 > 4575 > 4484.75 > 4591
Play the current balance until we see a clear breakout of either side.
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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.