ES has cleared 7,794 resistance, met the 7,820 and 7,835 objectives, and held a backtest of the breakout area before pushing higher again. The near-term setup remains constructive while that former resistance continues to act as support.
ES longs remain intact after breaking the week-long 7794–7724 flag, with 7794 defended on a back-test and 7820, 7828, and 7835+ overhead.LEVELS · SUPPORT 7794 · RESISTANCE 7820 · RESISTANCE 7828 · RESISTANCE 7835$SPY
ES bull-flag breakout remains intact above 7794, targeting 7820, 7828, and 7835+, while a break could test 7777 as the first favorable long area.LEVELS · SUPPORT 7794 · TARGET 7820 · TARGET 7828 · TARGET 7835$SPY
ES bulls remain in control despite low-volatility August trading, with 7794 as a bull-flag backtest that needs recovery above 7797.LEVELS · SUPPORT 7794 · SUPPORT 7820 · RESISTANCE 7828 · RESISTANCE 7835$SPY
ES recovery offers a very low-quality long toward 7828 and 7835, while 7794 remains support below after the 7820 level failed.LEVELS · TARGET 7828 · TARGET 7835 · SUPPORT 7794$SPY
ES has broken out of a 7794–7724 bull flag, with 7836, 7849, and 7856+ next while 7820 and 7794 serve as supports.LEVELS · TARGET 7836 · TARGET 7849 · TARGET 7856 · SUPPORT 7820$SPY
ES has broken out from a 7794–7724 bull flag, with 7836, 7849, and 7856+ next while 7820 and 7794 remain supports.LEVELS · TARGET 7836 · TARGET 7849 · TARGET 7856 · SUPPORT 7820$SPY
ES completed a bull-flag breakout from the 7,794–7,725 range, with 7,794 defended on a backtest and 7,845 then 7,868 remaining upside targets.LEVELS · SUPPORT 7794 · TARGET 7845 · TARGET 7868$SPY
ES is backtesting the 7,794 breakout zone after reaching 7,820 and 7,835, with 7,845 and 7,868 upside targets unless 7,794 fails and exposes 7,767.LEVELS · SUPPORT 7794 · SUPPORT 7767 · TARGET 7845 · TARGET 7868$SPY
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