ES1! Weekly Market Analysis - 2/28
The 4,275 level supported the weekly settlement. While price action occurred below it, price never settled.
The descending 4,465 resistance level is in near reach of where the market closed this past Friday.
Beyond which, if price rallies higher there are several more resistance structures it will need to overcome.
4,500 & 4,800 are both positioned as resistance above. 4,275, 4,085 & 3,995 remain as support below.
The descending 4,465 resistance level is in near reach of where the market closed this past Friday.
Beyond which, if price rallies higher there are several more resistance structures it will need to overcome.
4,500 & 4,800 are both positioned as resistance above. 4,275, 4,085 & 3,995 remain as support below.
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