Morning Insight - ES / SPX

7/23/2024 - Tuesday

Good Morning Traders,

After holding the lows yesterday and pushing up ES has made a push overnight close to our first resistance target we were eyeing yesterday of 5622. The current price action suggest we could move higher and has left us a decent area for support to long with a clearly defined risk if things decide to reverse. Take a look at the morning outlook below to see the levels I’m eyeing for more progression up and the upside targets we will be looking for today if all goes according to plan. News is light once again today but we shouldn’t take that for granted. We are less than 100 points off the ATHS and anything can happen up here.

As always Trade Safe and feel free to send me a message with any question,

Ryan Bailey

NEWS:

Options VOL

Cheat Sheet

ES

Morning Outlook