Es Levels & Targets July 31

2024년 7월 31일

Excellent follow-through overnight from buyers in ES. 5438 was the key support level yesterday as mentioned all week and in plan, with 5482 needing to be reclaimed to trigger a move up. This target was hit overnight, resulting in nearly +100 points from the 5438 long zone.

As for now: Ride the runners if you have them. Next targets up are 5534, 5546, and 5555+. Support levels are 5519 and 5511.

2024년 7월 31일

거래청산: 타겟 닿음

last target I gave this morning, 5555, has now hit and we are up 120+ points from yesterdays 5438 major support. This rally today is no coincidence. After MFST earnings yesterday at close, sellers failed the daily low of 5438, put in a classic failed breakdown, trapping shorts.. and like i always say, markets trap before they move. Anymore upside today is pure bonus points. 5567, 5585 next if buyers want.