ES remains range bound of late roughly 4280-4420 predominantly
the past few days - Energy is building so coiling for a big
move
Support 4280 with initial resistance now 4320-30 (understand
these are general levels) if cleared can moved back up in the
recent zone with 4390 area being resistance (last weeks low was
4381)
Steve, thank you for posting these ES ranges. They were text
book support into resistance and finally breaking through. Very
nice and very much appreciated. Been notating these on your morning
briefs to see how ES is trading. Kudos!
Posted by retirefire on 28th of Jan 2022 at 03:41 pm
For sure and keeping live charts of 5 and 10 minute is awesome !
On SPX weekly just observing March 2020 where SPX rallied back near
the ema 9 before brutal drop commenced. Not suggesting that repeats
just noting that rally back then.
https://schrts.co/ZFixtIFf
ES remains range bound of
Posted by steve on 28th of Jan 2022 at 08:52 am
ES remains range bound of late roughly 4280-4420 predominantly the past few days - Energy is building so coiling for a big move
Support 4280 with initial resistance now 4320-30 (understand these are general levels) if cleared can moved back up in the recent zone with 4390 area being resistance (last weeks low was 4381)
Steve, thank you for posting
Posted by rfa300 on 28th of Jan 2022 at 03:36 pm
Steve, thank you for posting these ES ranges. They were text book support into resistance and finally breaking through. Very nice and very much appreciated. Been notating these on your morning briefs to see how ES is trading. Kudos!
For sure and keeping live
Posted by retirefire on 28th of Jan 2022 at 03:41 pm
For sure and keeping live charts of 5 and 10 minute is awesome ! On SPX weekly just observing March 2020 where SPX rallied back near the ema 9 before brutal drop commenced. Not suggesting that repeats just noting that rally back then. https://schrts.co/ZFixtIFf
Now testing last week's low
Posted by steve on 28th of Jan 2022 at 12:12 pm
Now testing last week's low on ES 4381 (initial resistance 4390 area mentioned this morning) - bigger levels above at 4420-50 (200 day MA 4427)