Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Slow action as we are in peak summer trading but 5519 defended again. 14 attempts to test/lose the level & 14 traps. 5519 had to reclaim to resume up to 5527, 5539+ as posted. En route. 5519-5539=pure chop, dont overtrade 5552, 5557-60 when #ES_F ready. If 19 fails, we try #15 https://t.co/D1HPrIpcTZ
The 5519 level survives again with 14 attempts to break down & 14 traps. Most impressive lvl in years. I posted 5519 must reclaim to resume up to 5527, 5539+. We hit 5527. Very messy chop here, lock in gains, hold runners, no overtrading 5519 must hold, 5560 when range breaks up https://t.co/RbVnitUXw5
Ultra messy action in #ES_F. 5519 remains only lvl that matters & we have tested and/or lost it an incredible 14 times. After a good 15 point flush, we are (no shock) back. Dont overtrade 19 must reclaim to resume up to 27, 39+. To see another hard flush now, today's low must go https://t.co/yYeVwRbdaS
The S&P 500 E-mini futures (ES_F) experienced significant volatility around the 5519 level, which was tested 14 times but held firm. The market saw a new all-time high (ATH) at 5585 during regular trading hours, though it did not surpass the overnight ATH of 5588. Traders observed a balance area between 5525 and 5555, with responsive two-sided activity expected for the week of July 1-5. The level 5519 has become a critical point, with bulls controlling above it and bears below. Despite 14 tests to break below 5519, it remained a strong support level, leading to a range-bound market between 5519 and 5539. The market is awaiting a catalyst to break this tight range, with potential upside targets at 5552, 5557, and 5560 if 5519 holds.