Early last week there was a rejected probe of the 1mn Resistance at 3907. This is still valid Resistance. 2month Support is at 3831. ES needs to hold that price to maintain a strong position. Stocks>50dyma Nyse 76% (from 73%), Nasdaq 65% (from 60%), R2000 77% (from 74%). Numbers >50 are supportive. Sentiment: My version […]
e-mini 9th March 2021
Early last week there was a rejected probe of the 1mn Resistance at 3907. This is still valid Resistance. Important to note that the 2mn has migrated higher to 3831. This is the level to focus on now and is First Support. ES needs to hold that price to maintain a strong position. Stocks>50dyma Nyse […]