ES

    Posted by steve on 24th of Jan 2022 at 08:33 am

    On the open  ES defended support around 4380 and bounced up overnight to test prior support (now resistance zone) at 4430-40.   ES overnight high was 4427.50 and then turned down with next support zone 4320-30 (this area  should produce a bounce but should that fail we could see the waterfall decline continue).  

    Bulls need to reclaim 4385 to get any upside potential going 

    Pretty much what transpired after

    Posted by steve on 24th of Jan 2022 at 11:57 am

    Pretty much what transpired after ES lost 4330 support - today's gap (and inability to immediately fill) supported the wave 3 impulse I mentioned last week 

    WELL we are there now,

    Posted by retirefire on 24th of Jan 2022 at 09:07 am

    WELL we are there now, moment of truth. ES 4315

    4,363.80 is the gap and

    Posted by fundamentalvalues on 24th of Jan 2022 at 08:40 am

    4,363.80 is the gap and 4,336 is a 10% correction from the highs in SPX

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