S&P500 [ES] Ideal Short Zone is Between 3650 and 3680
In my previous ES analysis I suggest 3650 as the initial level to open shorts.
https://www.tradingview.com/chart/ES1!/f9SkG8T1-S-P500-ES-Potential-Reversal-at-Channel-Resistance-3650/
Since then, price has continued to push higher to the initial long target/short zone and has remained inside the larger channel structure here:
I will begin looking for short entries at 3650 and will continue to do so up to around 3680.
This gives us a zone of interest with 30 point range which I have highlighted in green.
Keep in mind that there is zero short confirmation at the moment. For now this is just an area of interest to keep an eye on.
Let me know what you think in the comments below and leave a like if you found this analysis useful, good luck!
https://www.tradingview.com/chart/ES1!/f9SkG8T1-S-P500-ES-Potential-Reversal-at-Channel-Resistance-3650/
Since then, price has continued to push higher to the initial long target/short zone and has remained inside the larger channel structure here:
I will begin looking for short entries at 3650 and will continue to do so up to around 3680.
This gives us a zone of interest with 30 point range which I have highlighted in green.
Keep in mind that there is zero short confirmation at the moment. For now this is just an area of interest to keep an eye on.
Let me know what you think in the comments below and leave a like if you found this analysis useful, good luck!
