
The E-mini S&P 500 futures (ES_F) have experienced significant volatility over the past few days, with key support and resistance levels being tested repeatedly. The critical support level of 5773 has been a focal point, holding multiple times but showing signs of weakness. On several occasions, the failure to hold this level triggered downward movements, with targets hitting 5763, 5751, 5740, and even lower. Conversely, reclaiming 5773 has led to upward movements, with targets of 5788, 5795, and 5810 being achieved. The market has been described as choppy, with a mix of bullish and bearish sentiments. The directional bias appears to be weakening, with clusters suggesting potential further declines if key support levels fail. The market's reaction to Federal Reserve Chairman Jerome Powell's upcoming speech is also being closely watched. On September 18, the market broke out of a three-month inverse head and shoulders pattern.





























After a fast start #ES_F has settled into chop. The active setup since 940AM has been a classic failed breakdown (of ystds low & 5740 key support). 5754 (hit, now support), 5763 (hit), 5778+ (not hit) were targets Dont overtrade. 78 in play as long as supports hold. Sell<5740 https://t.co/29HxdTPRGT
ES_F got that fade off weekly value resistance and back at 5750 sticky level of support but VIX futures staying red. Lots to like about todays action, got some nice dip buys in Semi's at the open
Intraday: Long ES @ 5753