The More Things Change, the More They Stay the Same

Heading into the final hour of trading on this first trading day of September, ES still finds itself stuck betwix and between a month-long resistance zone at 2915 to 2945 juxtaposed against a month-long support zone at 2840 to 2810.

Within the larger trade zone, since yesterday's holiday electronic futures action, ES has carved out an "inside range" between 2915/16 on the high side versus 2889/8=90 on the low side, with the Weekly Pivot at 2893.50.

Let's see if either the bulls or bears can commandeer the upper hand into the closing bell... Last is 2899.50

9 03 ES 15 Min 245 GIF
9 03 ES 15 Min 245 GIF

  Matched
x
  • In our live, interactive Trading Room, we identify trading opportunities in ...
  • Equity Index Futures
  • Index & Sector ETFs
  • Individual Stocks
  • Precious Metals
  • Energy
  • Forex
  • Treasuries
  • International Markets
  • And Much More
Join MPTrader Now!
Veteran Wall Street analyst and financial author, Mike provides detailed and timely analysis and trade set-ups on a range of markets. Read more...

Have Mike's “Out Front” morning analysis delivered FREE to your email inbox twice weekly!