Last night, ES experienced its largest gap down in over a decade. Despite the steep drop, key levels held precisely—5934 was marked as support and the overnight low of 5935.50 was tested multiple times and held.
As of now:
• 5951-49 and 5934 are acting as support (with 5934 showing some weakness)
• Holding these levels keeps 5990, 6008, and 6016-20 in play
• If 5934 fails, sell down to 5907
As of now:
• 5951-49 and 5934 are acting as support (with 5934 showing some weakness)
• Holding these levels keeps 5990, 6008, and 6016-20 in play
• If 5934 fails, sell down to 5907
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