ES Levels & Targets Aug 14th
ES Levels & Targets Aug 14th
E-mini S&P 500 Futures CME_MINI:ES1!
ESMorg
My target in #ES_F all week was 5438-42, and buyers rallied to it yesterday. Next up were 5449 and 5467, with 5463 reached overnight. With CPI at 8:30, it’s time to size down, hold runners, and be prepared for literally anything (expect irrelevant noise and traps in the first 30 minutes).
As of now: 5438-42 and 5414 are stretch supports. This keeps 5473, 5495, and 5510 in play. If 5438 fails, look for a dip to 5414 and 5388.
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