Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
In the world of trading, the S&P 500 E-mini futures (#ES_F) have been experiencing significant movements. The market broke out of a bull triangle at 5585, leading to a 125-point run. Key levels like 5668-72 and 5690 have been pivotal, with targets set at 5708 and 5713. Traders are closely monitoring support levels and potential breakout targets for the coming sessions.
$ES Daily Plan | July 18 Tuesday’s closing strength was sharply rejected today, resulting in a true gap down followed by a downside continuation, tagging the high volume node (HVN) at 5643, and testing the Monthly VWAP. The key question now is whether sellers can follow through… https://t.co/QNZXOgPOT9
#ES_F We are now down 89 points from yesterday's high. A break below 5632 should lead to the next major support level at 5614 5610. If 5610 is broken we should see a quick drop to 5595, 85, 77, and 67. A cross above 5647 should test 5652, 58, 66 and 73. #Marketprofile… https://t.co/h64EFHr1ig
Today the downside target in #ES_F 5646 as long as the 5668-72 backtest held, and after 3 precise tests, we hit. ES certainly agrees with 5646, and we have been basing here for 4 hours now Trying to pop above now (5652, 58 en route), but until 5668-72 recovers, bears control https://t.co/kht5pYxkQA
