Sellers showed up at 3100 zone. Buyers are at 3077 zone.
The wave trend oscillator is now negative favoring tape weakness. However, ES1! has been consolidating for the past 8 days, frustrating both bulls and bears. About a 30 point range.
If trading below 3090 at morning open expecting a move to 3082, and if 3077 breaks, then can target 3072.
If trading above 3093.75 at open than can target 3102 and then 3012 as an extension of the move if momentum is strong.
The wave trend oscillator is now negative favoring tape weakness. However, ES1! has been consolidating for the past 8 days, frustrating both bulls and bears. About a 30 point range.
If trading below 3090 at morning open expecting a move to 3082, and if 3077 breaks, then can target 3072.
If trading above 3093.75 at open than can target 3102 and then 3012 as an extension of the move if momentum is strong.
Commentaire:
ES1! 3077 zone holding strong in the overnight session. If this level breaks then 1st tgt is 3071. If selling momentum is strong then R3 at 3062 can be reached.
