ES Morning Update Feb 4th
Even as tariff comments continue to drive the market relentlessly, the technical side of things in ES remains razor-sharp. Since Sunday’s open, the target was unmistakable: a gap fill in the 6056-66 range. We reached roughly 6066 by 6pm, filled the gap, and then sold.
As of now:
• The market is in a phase of complex chop between 6004 and 6066
• 6020 and the recovered 6004 are acting as support
• These supports keep 6036, 6058, and 6066+ in play
• If the price drops below 6004, initiate selling
As of now:
• The market is in a phase of complex chop between 6004 and 6066
• 6020 and the recovered 6004 are acting as support
• These supports keep 6036, 6058, and 6066+ in play
• If the price drops below 6004, initiate selling
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