#ES Futures 2.24.22 Overview and Levels to Watch

#ES Futures 2.24.22 Overview and Levels to Watch

Lots of news and lots of selling in Globex, hoping everything ends without many losses. Where we at on ES today? Currently the inventory is under our 4143.75-4137.50 Key Level, will we get back over and go higher today to fill order on the way up or will the sell off continue? On the upside we need to get over the Key Resistance at 4143.75-4137.50 and hold in order to test 4168-4162.25, 4191-4185.50 and next Key Resistance at 4220-4214.75. On the downside holding under the key level and under 4123.75-4119.25 leaves us open for tests of 4103.25-4099.75 and next Key Support at 4084.50-4077.25, if that breaks we have 4061.50-4056.50, 4046-4042.25 and 4030.75-4025.25 as next Key Support. Careful trading today because order flow will be volatile with sell orders hitting hard and bounces sharp , could be very difficult to trade and levels can be stretched, better to wait for good locations to enter and mostly observe.

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