ES is in a small downtrend and near support (blue rectangle). If ES breaks back above the 1419.75 downtrend line then expect ES to rally above 1419.75 and onward to 1441. If ES stays below the 1419.75 downtrend line then the next few levels of support are 1394 and 1384.

ES has hit an overnight high of 1419.75. The old top was at 1408 and that is the area that I identify as support and that is the best area to look for any pullback to end and get long.

That was it! ES dipped to 1380 last week and now I believe it is headed to 1441. ES may pullback after breaking the old 1408 high, I would wait for that pullback and try to get long on there.

ES is pulling back to support in the 1373-1377 range. I believe ES will hold above 1373.5 and head towards 1441 following this pullback. The things to watch for are:

1A. A reversal in the 1373-1377 range- this would be good enough justification for a long day trade.

1B. A brief drop below 1370.25 [...]

ES is pulling back. I’ll wait to see if it gets to support at 1377 and look for a reversal there and try to get long. The upside target is still 1441 so this is a big enough move for me to try to catch. ES should hold above 1373 overall. If it does not [...]

So far ES broken slightly above Friday’s high (probably luring in some breakout buyers) and then dropped below Friday’s low (probably tripping some of the breakout buyer’s stops). Even though 1400 may be a psychological resistance level, given the strength and momentum behind this rally we can’t expect it to stop and turn on a [...]

Now that ES has clearly broken out above 1373.5, ES is now headed to 1441. Support at 1373.5 should now hold. The next few upside targets above 1441 are shown as well: 1527, 1586.75. Still with ES trading around 1392 I still think ES is susceptible to a short term pullback (down to 1373) and [...]