E-Mini S&P 500 Chart Analysis 28 Oct 2022
ES has been consolidating below the green trendline which is acting as strong resistance.
We are still in consolidation between 3780-3825 zone. If it breaks above (less likely) we are looking at the possible targets of 3850, 3875 however if it breaks down we may likely test lower 3700s.
We are still in consolidation between 3780-3825 zone. If it breaks above (less likely) we are looking at the possible targets of 3850, 3875 however if it breaks down we may likely test lower 3700s.