ES is forming a high base on the daily chart and is range bound between 4190 and 4200. If the day remains range bound, we may see a bull run tomorrow coming out of consolidation. Read more
Archive for category: Technical Analysis E-mini S&P 500 Futures
ES has been consolidating between 4200 and 4207.5 since open today morning and may likely repeat the breakout pattern like yesterday. Once it is able to break the resistance at 4207 after US markets open, it may likely touch... Read more
After the sell off on Friday, ES reversed at 4150 at the opening today morning. It is taking support at 4170 and may likely touch 4295 in next few hours once the US markets open. Read more
ES has been range bound between 4150 and 4170 since open today morning. If it takes support from 4170 the next target would be 4180 and then 4195. Read more
ES has been consolidating between 4113 and 4100 since open today morning. It is shooting up from a V bottom and the measured move target in next few hours is 4140. Read more
ES has been in a downward trend since yesterdays and is now taking support at 4068 which is the likely bottom for this pull back. Looking at the trend from last week this should be the point of reversal... Read more
ES has been range bound for the second consecutive day between 4170 and 4150 and is forming a double top on the hourly chart. If the current trend continues the way it is going, once it breaches 4140, we... Read more
After the bull run for the last two days ES faced resistance at 4178.25 and has been range bound between 4169.75 and 4153.50 If it breached 4153 mark it may likely test 4140 – 4125 range by the end... Read more