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ES Daily Analysis

S&P 500 E-mini Futures (CME_MINI:ES1!)  
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CME_MINI:ES1!   S&P 500 E-mini Futures
Chart Patterns Trend Analysis Beyond Technical Analysis ESF esfutures futures futurestrading
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ES is at the very bottom of it's daily demand zone which was tested 18 August for a 195 point move before continuing lower. while we are also near it's breakout level of 4335. If we break below the daily demand and can not reclaim, I do see us making a move to the levels below.

If we see demand step back in here for a relief bounce, I could see a target of 4420 being realistic as it was previous support before making the move lower to test the breakout level or breakout demand zone.

Thoughts?
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