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The sell continues in #ES_F and there's 5630 next down hit. 40 points from this mornings 5670 short trigger. After a week of non-stop rally, we finally lost a support this morning, and now its bears turn. Long way down below 5630, to 5615, 5606. 5642 must reclaim to relief pop https://t.co/NGfbPnNYWK
We are now down 35 points from this mornings 5670 fail short trigger and as I've said all week, #ES_F sells only when a support fails, then we react short. Just trail the short runner now. 5642-38 was target, hit 5630, 5615, 5606 next if ES wants. 5642 must reclaim to relief pop https://t.co/fjfHYwzqnC
Incredible follow through on the short in #ES_F. As I have said for weeks we do not need to guess when a sell come. It comes when a support fails, and then we react short. Today, we got this. 5662 was 1st target (hit) 5653 2nd (hit) 5638-42, here now. 5630, 5606 below here https://t.co/NDMS5qCfId
The S&P 500 E-mini futures ($ES_F) have been on a remarkable rally, with traders holding long positions initiated at 5506 last Tuesday. The market has seen significant gains, hitting various targets such as 5632, 5637, and 5648. Despite the continuous upward movement, support levels at 5624 and 5611 have been crucial. Traders are advised to trail their stops and wait for potential dips. Recent trading sessions have seen the market reaching new highs, with resistance levels at 5630, 5638, 5646, and 5655. The market profile suggests potential support at 5626, 5620, 5614, and 5611.
