Since Friday, my support has been 3955 & resistance 3985 and #ES_F has stopped trading in this zone ahead of a heavy data week. Trappy action may continue until tmmrw Plan today: Unless bulls clear 3985 -triggers to 4k, 4040 direct)- 3920 (50dma), 3895 test in play before rally

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Adam Mancini

@AdamMancini4

· 18h

Tightest range basing day in #ES_F in weeks, bouncing between 3985 res and 3955-65 support all day. 3955 zone has now been tested *4x* since Friday. Bulls needed > 3985 to rally and failed after multiple tries 3955-65 tested again now, weak still. Fail targets remain 3920, 3895

Adam Mancini

@AdamMancini4

·

2m

Since Friday, my support has been 3955 & resistance 3985 and #ES_F has stopped trading in this zone ahead of a heavy data week. Trappy action may continue until tmmrw Plan today: Unless bulls clear 3985 -triggers to 4k, 4040 direct)- 3920 (50dma), 3895 test in play before rally

Quote Tweet

Adam Mancini

@AdamMancini4

· 18h

Tightest range basing day in #ES_F in weeks, bouncing between 3985 res and 3955-65 support all day. 3955 zone has now been tested *4x* since Friday. Bulls needed > 3985 to rally and failed after multiple tries 3955-65 tested again now, weak still. Fail targets remain 3920, 3895

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#32 redfoliage2

Member

Traders-Talk User
18,000 posts

Posted 26 July 2022 - 08:07 AM

It looks that either MSFT or GOOGL going to miss ................

Edited by redfoliage2, 26 July 2022 - 08:07 AM.

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#33 12SPX

Member

Traders-Talk User
12,463 posts

Posted 26 July 2022 - 08:25 AM

Or they're going to beat lol!! Terrible sleep and being kinda in vacation mode since the weekend its hard to get involved with the market. Am leaving on Thursday for a 10 day convertible trip which will be fun starting with a jazz festival. Nonetheless the grind continues and the premium continues to decay. Will be interesting to get through this week's earnings and the Fed but I'm curious that we may not move that much in the end....