Price has pulled back into a key technical zone and is now testing a long-term rising trendline that has held multiple times throughout the past several weeks. This trendline has acted as a structural support area, aligning with prior swing lows and validating the broader uptrend structure.
Today’s decline pushed ES directly into this support, and the reaction here will likely determine the directional bias for the next session.
What I’m Watching:
Reaction to the trendline on the next retest
Whether volume confirms a true bounce or a breakdown
Price behavior as it re-approaches the highlighted green zone, which has repeatedly acted as both support and resistance
If we close under 6680 today, All is lost and we will drop a lot more.
Today’s decline pushed ES directly into this support, and the reaction here will likely determine the directional bias for the next session.
What I’m Watching:
Reaction to the trendline on the next retest
Whether volume confirms a true bounce or a breakdown
Price behavior as it re-approaches the highlighted green zone, which has repeatedly acted as both support and resistance
If we close under 6680 today, All is lost and we will drop a lot more.
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📰 Free Weekly Recap, Outlook & Watchlist → diywallst.substack.com/about
⚡ VX Algo Futures Signals + Mentorship →whop.com/c/diywallst/tradingview2
Promo Code: 50off
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Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
📈 Want deeper market insights?
📰 Free Weekly Recap, Outlook & Watchlist → diywallst.substack.com/about
⚡ VX Algo Futures Signals + Mentorship →whop.com/c/diywallst/tradingview2
Promo Code: 50off
📰 Free Weekly Recap, Outlook & Watchlist → diywallst.substack.com/about
⚡ VX Algo Futures Signals + Mentorship →whop.com/c/diywallst/tradingview2
Promo Code: 50off
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
