#ES Futures 06.03.22 Overview and Levels to Watch

Yday we opened up right under T+2 and got some selling pressure right into the Key Support at 4084.50-4077.25, support held and we saw a rotation back towards the Key Resistance at 4143.75-4137.50 and we were able to break out and hold above it for continuation move to higher levels. In Globex so far we failed at our 4191-4185.50 level and failed to extend and reach the next Key Resistance at 4220-4214.75 and now came back to the previous range resistance and back into T+2 range for today. Question today is do we accept in this range and get another attempt at next Key Resistance or did we sell all the inventory from below in that run up and will come back into previous range to find buyers. On the upside holding above 4143.75-4137.50 is a sign of strength and can give us another test of 4168-4162.25, 4191-4185.50 and next Key Resistance area of 4220-4214.75 and if enough buying comes in the higher levels up to 4234.75-4229.25, 4252.50-4247.50 But have to show signs of strength and get back over T+2 high which is 4165 area. On the downside holding below T+2 high and if we get back under 4143.75-4137.50 then we have some single prints to fill and can test T+2 half back, if enough selling pressure can even bring us down all the way back to Key Support, levels to watch for buyers on the downside are 4123.75-4119.25, 4103.25-4099.75 and Key Support that we had for few days now is 4084.50-4077.25, ideally for us to see a move higher today we dont want it getting under 4123.75-4119.25 but have to give it time and show which way it wants to go.