PivotZones

PivotZones

CME_MINI:ES1! SP:SPX The S&P 500 is failing at the upper extreme where aggressive sellers entered the market in January 2022. On the weekly timeframe using the E-min S&P 500, this indicator uses a proprietary algorithm to identify aggressors entering the market in size. The zones are ranked on a 0-100% scale, 100% being the strongest.

PivotZones

The bottom of the large high time frame orderflow zone at 3636 is on deck to be tested. If it holds, 4000 is the likely upside target. CME_MINI:ES1! AMEX:SPY SP:SPX

PivotZones

Our Aggressor indicator identified large buyers that initiated positions between December 2020 and March 2021. Will the re-test of ~3750-3650 hold? If so, the likely upside target would be 4300-4400. If not, the next major support is just below 3000. CME_MINI:ES1! AMEX:SPY SP:SPX