
The E-mini S&P 500 futures (ES_F) have shown notable activity as they approached resistance levels around 6060. Traders observed buyer exhaustion, but there are indications that buyers are regrouping for another push higher. The market sentiment remains cautiously optimistic, with some traders suggesting that increasing call demand at 6050 could enhance confidence in a bullish trend. Despite the resistance, the index tagged nearly 6060 and has been trading above the gamma exposure (GEX) levels, indicating a potential for further upward movement. The trading environment appears favorable, with a decline in the VIX suggesting reduced volatility. Analysts are closely monitoring the market as it moves toward the end of the week, with expectations that positive earnings reports, particularly from Amazon, could influence the market trajectory.
$ES_F another day but same setup with a spike. Informed at the same time as few other times i posted ;) https://t.co/lry0oYrM6j
$ES top of list of Key Levels from this morning. https://t.co/RaIz7XHne6
#ES_F Still seeking bullish targets #daytrading https://t.co/0gYuQqMhhS https://t.co/4j3ZVjDLBN







