S&P 500 E-mini FuturesUpdated ES/SPX levels and targets Nov 13th
Yesterday, ES saw its first pullback after last week’s 330-point rally. We got a dip to 5986.75, bouncing up 40 points from there. With CPI on deck in 15 mins, it’s time to size down.
Plan for now: Key supports at 6002 (weak) and 5988. A reclaim of 6009 opens up targets at 6019 and 6032-33. If 5988 breaks, look for an initial dip to 5972.
Plan for now: Key supports at 6002 (weak) and 5988. A reclaim of 6009 opens up targets at 6019 and 6032-33. If 5988 breaks, look for an initial dip to 5972.
Trade closed: target reached
The 6032-33 target in ES has been hit yo the tick, springing from a failed breakdown of 6002. With us now at resistance, lock in gains and let a runner handle any further upside for today.
Targets remain 6036-40, 6046, and then ATHs whenever buyers are ready. Same supports still apply
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.