On Friday, sellers lost a three-day support zone at 6060, triggering a 60+ point sell. Buyers gave us a late-day short squeeze to the 6027+ target before the sell-off continued.
As of now: It’s straightforward. Bulls must reclaim 5986 to squeeze toward 6006+. Otherwise, watch for 5955 and 5942 as next downside levels.
As of now: It’s straightforward. Bulls must reclaim 5986 to squeeze toward 6006+. Otherwise, watch for 5955 and 5942 as next downside levels.
交易开始
Mentioned yesterday that a deeper sell will start below 5987 and investors agreed...continuing the dip in ES that began with the 6100 backtest last week. Remember that big dips end once a major resistance reclaims, trapping recent shorts. Right now, buyers need to reclaim 5942 to pop to 64-65. 5908-13 is next target down for sellers. 
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