Morning Insight - ES /SPX

8/1/2024 - Thursday

Aug 01, 2024

Good Morning Traders,

After Yesterdays Insane push of almost 2% we have rocketed up into our area major daily resistance that we spoke about over the weekend. Last night we pushed up even more and got very close to our Significant 4hr at 5599 and could very well push into our daily leg down at 5607. Take a look at the Morning Outlook Video below to get a grasp on what levels are important to hold to continue a move or if a break down is in store.

Lots of red tag news today so please trade safely!

Cheers,
Ryan Bailey

NEWS