ES/SPX Levels and Targets Sept. 4th
Yesterday, sellers finally broke out of its 5585-5665 range. The 5630 failure would trigger short, as mentioned, and we dropped 120 points. Sellers now control until resistance levels are reclaimed (first 5535, then 5588).
As of now: 5519 and 5502 are key supports. Holding those levels could lead to a pop to 5535 (resistance) and possibly 5553+. If 5502 fails, I'll be looking to sell at 5493 and 5483.
As of now: 5519 and 5502 are key supports. Holding those levels could lead to a pop to 5535 (resistance) and possibly 5553+. If 5502 fails, I'll be looking to sell at 5493 and 5483.
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