5773 has been the key level to watch in ES. We dropped below it yesterday, printed a failed breakdown, and reclaiming 5773 rallied us toward the 8523 target
As of now: 5799 to 5820 is a chop zone. Holding it opens the door for 5828 and 5835-40 as next upside targets. If 5799 breaks, 5781 next down, which bulls will really need to defend.
As of now: 5799 to 5820 is a chop zone. Holding it opens the door for 5828 and 5835-40 as next upside targets. If 5799 breaks, 5781 next down, which bulls will really need to defend.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.