Near-Term and Longer-Term ES CHARTS

Good morning, today, we have a Tues high to lows Short in our ES Chart that I am watching:


ES Near-Range Short MM


And, our nearest long, which will come under pressure, should our SHORT MM above, hold to its targets:


Those targets are:   2321.25 and 2303.50.   OUR NEAREST LONG THEN IS the:

 $2228 to $2401

 

Now, I will add the near-term short:

 

$2378.75 to LOWS 

 

And, you can see the FIB values:   2378.75 drawn DOWN to 2332.25, with a resistance BREAK level at 2361 or higher and then we must see MM longs holds FROM that level with a dip below as our anchor.

 

SO, longs benefit from a break of 2360 in sustained MM's and shorte benefit if 2294 BREAKS.  I have made all of the LONG KEY LEVELS (fib lines) baby blue in color.


COMMENTS please, and thanks for watching.

 

DJ


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