


This is a super pivotal OR in ES and so far a very easy one to trade. I/we are long c took profit at 5748, looking for the kids 5760’s next. 200 day is 5769 https://t.co/ToLMcgtttL
I discussed this in huge detail in yesterdays newsletter, but 0 coincidence that #ES_F bounce at 5720-23 yesterday & again today. This is support of a macro "megaphone pattern" dating to Nov 2024 (as shown in my weekend chart). Huge decision point. Bulls must recover 5764 though https://t.co/bEPSVcULep
NFP whipsaw in #ES_F and 5757-63 remains the magnet level. After a 30 point spike above this morning, we are now probing 30 points below. Bulls want to see a Failed Breakdown of yesterdays low (5714, 5702=supports). 5763 magnet must reclaim to squeeze. 5702 fails sell 5669 https://t.co/06YFFvDVlM

The E-mini S&P 500 futures (#ES_F) have experienced notable volatility over the past few days, with key support and resistance levels being closely monitored by traders. Following a historic volatility period that included three 100+ point moves, the market is currently stabilizing around the 5757-63 range, which has served as a significant support level. On March 5, the futures reached a target of 5822 before retracing back to the 5763-57 support zone. As of March 6, the futures tested lower levels, tagging 5725, and traders are watching for a potential recovery above 5763 to maintain bullish momentum. The market is also reacting to macroeconomic indicators, with the Non-Farm Payroll (NFP) report influencing trading decisions. The next critical levels to watch are 5777, 5794, and 5822 for potential upward movement, while 5702 and 5669 are identified as key supports if the market fails to hold above 5763.