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The $ES futures market has returned to balance following a volatile session on Friday, June 10, which broke Thursday’s low and ended the daily one-time framing up. The market saw an outside day on Friday, and bulls are keen to maintain the 52347.25 - 49 level to avoid showing weakness. The morning price action was orderly with higher highs and higher lows, but turned chaotic in the afternoon. Key support levels are 5358, 5353, 49, and 41, while resistance levels are 5374, 81, and 86. The market awaits further market-generated information ahead of Wednesday’s CPI and FOMC announcements. Today, June 11, formed an inside day, confirming ongoing two-sided activity.
$ES Daily Plan | June 11 📌 Today’s session formed an inside day, confirming the ongoing responsive two-sided activity in the market as it awaits further market-generated information. The question is whether we will see a directional move before Wednesday’s CPI and FOMC. An… https://t.co/t8s437Mqgb
#ES_F The morning price action was orderly with each time bracket making higher highs, and higher lows until the afternoon when it turned into a chaotic rotation. The main S is now 5358, if broken the next levels below are 5353, 49, and 41. Key R levels are 5374, 81, and 86. We… https://t.co/3ccd0LGaCF
#ES_F U.S. session (Bullish bias) #daytrading https://t.co/0gYuQqMP7q https://t.co/qYY8cOhQeX
