ES (S&P) Support Ranges

There is no need for charts to understand this Article.

First, our jobs now is to identify potential support in the ES.  USING $2401 as our HIGH (or ZERO LINE of each of these ranges), we look at ALL of the potential ANCHORS (or 100 lines) to then find support levels.

HERE ARE THOSE ANCHORS:

$1981.50, 2028.50, 2179, 2228, and our CURRENT EXTENSION LONG:

 2299.50 to 2401!!

Our First line of defense to support the ES:   2338.25.  IF that breaks (see price move below and price remains below) then we look to:   2228 to 2401 and it has a HWB (50% line) at 2314.50 and that support range breaks at 2294!.

IF 2294 breaks, I would exit long positions immediately and see what happens.

Dave Trader Johnson