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Mr_66
Aug 14, 2023 12:18 AM

ES 8.14.23 

E-mini S&P 500 Futures (Sep 2023)CME

Description

Goldilocks and the 3 Bears! After 3 consecutive bearish "b" shaped prints, ES is finally showing buyers stepping in near VPOC 4483. A break below 4471 has supports at 4458 and 4449. A breakout above VAH 4485, and we could easily retest that 4509 for the umpteenth time recently. Next resistance above 4509 is the weekly VAL at 4516. Expectation: look for price to consolidate / show acceptance near 4485 - 4477.
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