Yesterday was the most volatile session in ES since August, with three 100+ point round trips. I was looking for a squeeze to 5875—we hit 5875 exactly.
As of now:
• Size down—volatility remains high
• 5798, 5784 are key supports
• A recovery of 5822 is needed to push toward 5858
• If 5784 fails, look for a drop to 5763, then new lows
As of now:
• Size down—volatility remains high
• 5798, 5784 are key supports
• A recovery of 5822 is needed to push toward 5858
• If 5784 fails, look for a drop to 5763, then new lows
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