عقود E-mini الآجلة لـ S&P 500
شراء

ES finished the week with strong close

41
It reached my previous target of 3923, the start of last bear spike from 9/20/2022. The daily has completely above the EMA, but weekly chart has just touched EMA. It shows the market's hesitation.
  • The past 4 days have been a trading range, but most of the momentum is up.


  • Market broke 3820 resistance, only tried once to go down. So has to be mindful for another attempt to down. If down, then 3843-50, 3820-3800 would be support levels. Worst scenario is the market breaking below 3758, then the
    bullish momentum will be destroyed, the market return to TR.

  • If there is a second attempt to down, it will most likely to be bought up. Snce 10/26, 10/27 correction only lasted 2 days, if the market is more convinced of a bullish move after Friday's trend, the failed 2nd attempt to go down should not be longer than 2 days.

  • The next bullish target is 4000 round number and 4135 (measure move after BO of 3820, also the start of the big drop of 9/13/2022).

    إخلاء المسؤولية

    لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.