For the past 2-3 weeks, ES has been bouncing between the 5805 and 5740-30 range. Yesterday, I was watching for a rally to 5805, and we hit it. Now, we’re flagging ahead of CPI.
As of now: Expect more range filling for now. Supports are at 5795 and 5780 (weak). If buyers hold them, 5805, 5812, and 5819 are upside targets. If 5780 fails, look for a dip to 5769-73.
As of now: Expect more range filling for now. Supports are at 5795 and 5780 (weak). If buyers hold them, 5805, 5812, and 5819 are upside targets. If 5780 fails, look for a dip to 5769-73.
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