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Gap up but within the yesterday's range so likely it's just a range day.
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ES 60 minutes. A lot of ground to recover. But price has moved through resistance, and is now above the Pivot. Room to grow. But there is a helluva lot of overhead action to move through.
Charts posted are not recommendations. They are just a sharing of information.
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We might have the range low. Now seeking range high.
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This is now 4th time this week #ES_F has been 4400+, making the round trip multiple times.
No coincidence: 200dma is ~here now (4427) with ES failing all week to clear it despite impressive bounces
Until it clears decisively, bears still remain in control with risk of 1 more low
[Adam Mancini]
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Filling in the empty spots on the profile.
Other time frame types are supposed to not be active leaving the market to traders, because options expiration and FOMC are behind us.
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Decisive breakdown here then it's a lower high (red arrow) which means the high might be in for today, it might be no longer a range, key time.
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