A look at the $ES_F as 1410 gathers weight
|15 min ES|
The chart on the left is solely mean’t to show how much significance the 1410 level has gathered since the market recovered following last Thursday night’s drop.
|1 hour ES. note the pink line which the price has remained over until this afternoon when 1417 failed into 1410.75|
That being said we need to get back over 1417.50 to flip from sellers in control to buyers in control. over 1410 tonight buyers have the ball.. but 1410 is magnetic and getting stronger the longer the price moves sideways over the level without gaining any upside traction..