ES Morning Update Feb 4th
Even as tariff comments continue to drive the market relentlessly, the technical side of things in ES remains razor-sharp. Since Sunday’s open, the target was unmistakable: a gap fill in the 6056-66 range. We reached roughly 6066 by 6pm, filled the gap, and then sold.
As of now:
• The market is in a phase of complex chop between 6004 and 6066
• 6020 and the recovered 6004 are acting as support
• These supports keep 6036, 6058, and 6066+ in play
• If the price drops below 6004, initiate selling
As of now:
• The market is in a phase of complex chop between 6004 and 6066
• 6020 and the recovered 6004 are acting as support
• These supports keep 6036, 6058, and 6066+ in play
• If the price drops below 6004, initiate selling
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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.