#ES Futures 5.18.22 Overview and Levels to Watch

Yesterday we found buyers at the levels we expected and were able to close above T+2 for today. Globex session we tried to push to extend into the next range over 4084.50-4077.25 but failed, currently inventory is short and selling off to find buyers. We have broke into and accepted into T+2 so far, if we dont come back out and hold then we can see lower levels get tested down to Half Back, T+2 low and maybe lower depending on sell volume. On the downside we have Key Support at 4030.75-4025.25 if that goes we have 4012.50-4008.75, 3994.50-3988.75 and next Key support at 3976.50-3971.50 if the selling is strong we can expect to look below that, would not buying until I see Key Supports holding. On The upside if we hold our Key Support or look below and fail we have 4046-4042.25, 4061.50-4056.50 Key Resistance at 4084.50-4077.25 which would need to be broken to see anymore upside, considering all the inventory that is now trapped above 4061.50-4056.50 it would take good amount of buying to chew through.