
The E-mini S&P 500 futures (ES_F) have shown notable trading activity over the past two days, with key price levels being closely monitored by traders. On February 13, the futures demonstrated a bullish trend, with 6020 acting as a critical support level. Following a Consumer Price Index (CPI) report, the futures successfully held above this level, allowing them to target higher levels such as 6087, 6104, and 6125. The 6087 level was particularly significant, being hit multiple times throughout the day. By the end of the session, the futures reached 6125, marking a successful run for the bulls. On February 14, the trading continued with a focus on the 6120-23 support range, which held firm, allowing targets of 6133 and 6137 to be achieved. Traders have been advised to protect gains and avoid overtrading, as the market is expected to remain choppy. The overall sentiment remains bullish as long as the 6120 support level holds.


As posted at 8am, today would be a messy chop day. This is normal after a trend day like ystd. 6120-23 was support, to keep 6133 target #1 live (hit), 6137 target #2 (hit), 6154 breakout target. 6120-6137=flag. As warned, do nothing, hold runners. 6154 when we break. Dip<6120 https://t.co/NTjP0SZz6R
Today's has played out precisely and as I warned since 9am, it would be a consolidation day, with 6120-23 to 6137 being range. Targets off 6120-23 were 6133 (hit), 6137 (hit), then 6154 (will need to breakout). Hold runners, do nothing Bulls control until 6120 fails. Dip below https://t.co/yiU3MgTvH5
As warned since 8am, today would be chop in #ES_F. This is easy to trade, as long as you don't overtrade, which is why I've warned not to hourly. 6120-23 was support (held) with 6133, 6136, 6154 targets. We hit 1st two. Now, hold runners, do nothing. Dip only<6120 to 6113, 6098 https://t.co/ZUimESbXSp