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