frodo75

2840 is next hurdle to cross

CME_MINI:ES1!   S&P 500 E-mini Futures
ES arrived at 2840 2 weeks ago. Since then, it has only been able to hold 2840 for a day or so. It keeps getting rejected at 2840 and the selling volume picks up. Let's see how we can get buyers above that for the 4th time now. I have to grant that there are buyers ready to push to 2840 but not enough to overcome the sustained selling that starts above 2840. 2880 appears to the next level where selling could not be overcome by the buyers.
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