DanishTrades

E-Mini S&P 500 Chart Analysis 7 Oct 2020

CME_MINI:ES1!   S&P 500 E-mini Futures
After hitting a high of 3421.75 ES dropped to 3330.50, it did find support at the one of the levels if the channel.
Since the open today morning ES has bounced back up towards the top of the box again.
However, as mentioned in yesterday’s video if it tests the resistance at 3389.5 – 3397.5 it may see reversal of trend again.

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