Clean technicals for #ES_F with selling after the loss of the core 4610 trendline. Rare victories here for bears: A multi-month trendline caved & 50dma also
1st target remains 4560-65 & enroute. Relief bounce shot there with 4525 below. Bears in control until >4615 recaptures
1st target remains 4560-65 & enroute. Relief bounce shot there with 4525 below. Bears in control until >4615 recaptures
https://twitter.com/AdamMancini4/status/1483429081744277504
Update: Nice move here and coming into 4565 target zone in #ES_F! Bulls looking for a relief bounce (only that for now) going to need to bounce it here, otherwise next strong support zone not until 4525-30ish. For those following on Substack, just sent out a lunchtime update
Evening update: #ES_F put in a bounce off 4565 support but coming back down to retest now and looking quite heavy in the overnight session. 4525-30 next target down and wouldn't be surprised to see it clipped overnight or tomorrow
Very nice downside follow through here overnight! 4525 to 30 target coming up - bulls can't relief bounce it there likely another 100 point down move coming. We'll see where we are in the AM
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