Levels are acting very precise in ES. Since Monday’s failed breakdown at 5980, the sole target for this rally was 6100 (FOMC backtest), hit to the tick at close Tuesday and followed by a solid short since
As of now:
• 6066 is weak support.
• Bulls need to reclaim 6078-80 to rally toward 6095+.
• If 6066 fails, selling could resume back down to backtest where we took off from Tuesday at 9am
As of now:
• 6066 is weak support.
• Bulls need to reclaim 6078-80 to rally toward 6095+.
• If 6066 fails, selling could resume back down to backtest where we took off from Tuesday at 9am
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