• Home

chartprofit.com

Daily analysis - Stock Market, Bonds, Forex and more

e-mini SP500 futures below 4450

Posted on January 21, 2022 Written by Chart Prophet

Sellers in control for now

As suggested in yesterday’s note the lack of recovery after the test of the 3mn Value Area Low (dashed line on chart) was an indication of weakness. ES has now declined below 4450 and Effective Sellers have been active (red on chart). The major poc is at 4394. Time below that level would be an indication of a major trend change so Bulls would want to see that Support hold if tested.

click chart to enlarge

Filed Under: emini SP500 (ES)

Archives

Copyright © 2025 · Focus Pro Theme on Genesis Framework · WordPress · Log in