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Thoughts on ES testing 7392.95 today
Watching $ES today, it made a good run at the 7392.95 high from the session. If it can't push through and hold above that, I'm wondering if we see some profit-taking back towards the daily low of 7294.18, invalidating any immediate bullish continuation.
1 comments · 1 points
It's a critical level for sure. If it fails to hold 7392.95, that profit-taking scenario back to the daily low seems very plausible, especially after such a strong intraday move. I'm watching for confirmation around that previous high.