After the sell off on Friday ES reversed at 4130 earlier today and has been trending upwards since then. As of now it is trying to get over the resistance at 4169.75, the next resistance is at 4190-4200 range.... Read more
Archive for category: Daily Market Analysis
After the sell off yesterday ES took support at 4183 and had a reversal immediately after that. The next resistance is at 4228 and may see some pull back at that level. Read more
ES remained range bound between 4236 and 4238 the whole day today and is now struggling to get past beyond that level. If it fails the support at 4236 the next support is at 4228. Read more
After the bull run in the last hour of market in the US yesterday, ES crossed the resistance at 4249 after open today. As of now it is failing at that level and is feeling the resistance to stay... Read more
ES gapped up at open today morning and tried to take off from 4238.25 however it is failing the support at that level. We may see some pull back today; the next support lies at 4228.5 and 4213. Read more
ES had been range bound between 4225.25 and 4216.50 the whole day today and finally coming out of the range. The next resistance is at 4236 and once it breaches that the next target would be 4240. Read more
ES has been consolidating at 4225.25 since yesterday and is now trying to inch towards the next target at 4236.25. The daily chart is forming a high base formation and may likely break out of this range by the... Read more
ES remained range bound between 4225.25 and 4236.25 the whole day today, once it overcomes the resistance at 4236.25 the next likely would be 4245. The once the daily candle crosses 4238.25 – previous ATH, the next major target... Read more
ES gapped up at open today morning and failed to cross the resistance at 4228.5 and has been rangebound between 4228.5 & 4213.75. Once the US markets open it may likely test the next resistance at 4236 – 4238.... Read more
After failing the resistance at 4216 on Friday, ES had a trend reversal at the opening candle today morning at 4193.50. It has been in a bull run since then and is right now forming a high base pattern... Read more