The E-mini S&P 500 futures ($ES_F) experienced notable volatility and trading activity from August 4 to August 7, 2025. After being oversold into significant support levels on August 1, buyers remained active, driving a strong upside momentum that prevented the NYSE TICK from testing the zero line. Throughout the week, $ES_F showed a substantial bounce, rising approximately 100 points off Friday's low and approaching resistance levels near 6360 to 6381, which were identified as key bias confirming zones. The Friday high was recorded at 6372.50, with resistance levels around 6365-6375 and 6370-6381 acting as critical points where sellers exerted pressure. Trading sessions displayed alternating bullish and bearish biases, with some days showing strong breadth moves and others reflecting deteriorating flows. The $VIX volatility index fluctuated notably, breaking support at 17.43 during the week but trending downward overall, with a low near 16.21 by August 7. $VIX futures remained above parabolic support, with volatility expected to decline through early September as both $VVIX/$VIX and $VIX charts remained within wedge patterns ending September 5. On August 7, $ES_F broke above the 6-month resistance level at 6395, potentially establishing it as new support, signaling a bullish development. The 10-year Treasury yield was noted at 4.22% on August 7. Market participants closely monitored key levels such as 6290-6300 for support and 6333.75 for resistance, with the market showing mixed signals but an overall upward trend by the week's end.
$VIX spiked above 21 on Friday Threatening to fall under 16 this morning https://t.co/vxJJfP0Luv
#VIX 16.21 #10Year 4.22% Good Day Traders ☀️ https://t.co/I9IlO2TYku
$ES -- BROKE the 6 Month 3 at 6395. Let's see if it holds as support. If so, this is huge!!! 🐂 https://t.co/0JiYZDBaAo