ES/SPX Morning Update
Yesterday, 6042 reclaimed and triggered a move to 6070 and 6105, with 6105.50 marking the high of the day. Today will likely be choppy until FOMC at 2pm, followed by extreme volatility.
As of now:
• Hold runners; 6087 is support
• Staying above keeps 6105, 6115, and 6130+ in play
• If 6087 fails, expect a dip to 6066-70
As of now:
• Hold runners; 6087 is support
• Staying above keeps 6105, 6115, and 6130+ in play
• If 6087 fails, expect a dip to 6066-70
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