Hello Everyone,
Solid Red day today with selling accentuated with Middle East news (Iran shooting missiles into Israel). From a technical standpoint, ES was rejected around 5820 zone and then lost initial support around 5800 and key support 5773/77 before finding some willing buyers around 5733 pivot which led to a quick snapback rally to test 5377 area which rejected leading to a 25+ point drip in to the close. October started out with a bang to the downside which tends to align with historical patterns. War related headlines often condense pullbacks so let's continue to trade the levels.
ES levels posted on trading community.
Please take a moment to look at the trade ideas.
