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HollowMn

#ES Futures 5.19.22 Overview and Levels to Watch

S&P 500 E-mini Futures (CME_MINI:ES1!)  
HollowMn  
CME_MINI:ES1!   S&P 500 E-mini Futures
Trend Analysis Beyond Technical Analysis S&P 500 E-Mini Futures ES es_f futures daytrading daytrade supplyandemandzones levels tradesetup
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trendanalysis beyondta es1! es es_f futures daytrading daytrade supplyandemandzones levels tradesetup
Yesterday we had a big sell off, I had it market that we would visit our Key Support at 3976.50-3971.50 and if selling is strong then can see lower levels as well, did not expect to that much but we got what we got. Today we are set to open on a gap down and below T+2 low of Tuesday. Currently inventory is short and we found some buyers before our swing low and Key Support of 3853.25-3847.25, at the open I want to see if we get any correction and maybe try to fill the gap at around 3905 area, if we cant fill the gap and stay above our Key Resistance of 3892.25-3887.25 then on the downside my targets are 3878.75-3874.75, 3866.75-3863.25, Support at 3853.25-3847.25 if that breaks and then we have room to visit lower levels of 3839-3835.50, 3825.50-3820.25 and next support at 3811-3804.50, if the selling is strong as yday I expect us to test the bottom of this daily range we are in since we are currently at half point, those levels would be 3791.50-3787.75, 3780.50-3776.75 and KEY support at 3764.75-3758.25. On the upside holding above Key Support of 3892.25-3887.25 we can see a push to test 3901-3898, 3914.75-3910.75 and next Key Resistance at 3931.75-3927.25. Careful with longs today because we do expect margin call selling, will only be looking for longs if key levels hold and show support, other than that looking to short from Key levels down.
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