ES Morning Update/Chart Sent Out Yesterday
6120 continues to be a money magnet in ES. Yesterday’s approach was simple: the 6116-20 zone had to hold to keep 6138 and 6154+ in play. It held perfectly, and we ran to 6157—so just hold your runners.
As of now:
• We’re in a complex flag between 6129 and 6154
• 6129 must hold and rebound by 38 points to unlock targets at 45 and 54+
• If 6129 fails, expect a dip toward 6116, then 6109
As of now:
• We’re in a complex flag between 6129 and 6154
• 6129 must hold and rebound by 38 points to unlock targets at 45 and 54+
• If 6129 fails, expect a dip toward 6116, then 6109
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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.