Short trading day for #ES_F but big decision week ahead, as its now right at key trendline support from Novembers low~3745
Plan today: Above 3770 needed to trigger upside to 3800, breakout lvl to 3900. Warning: 3745 fails we see 3720 - last chance for bulls before deep sell $SPX
Plan today: Above 3770 needed to trigger upside to 3800, breakout lvl to 3900. Warning: 3745 fails we see 3720 - last chance for bulls before deep sell $SPX
https://twitter.com/AdamMancini4/status/1350512433614495744
Note: The level was 3741 on my weekend chart but since it's a trendline, it has risen since then to the 3745 zone. This is the *key* support this week as it is the perfect trendline that has controlled the entire rally from Novembers low, stopping each major selloff
Update: Nice push higher here for ES futures breaking the 3770 level. Bulls don't want to see below 3665ish now. Next major level up is 3790-3800 and price will likely need to pullback or consolidate there before next move.
3790-3800 target clipped - excellent move! Bulls will likely need to pullback or consolidate here now overnight as stated earlier and must hold 3765 in the process. Will see where we are in the morning
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