Keep An Eye On ES 3976.75

3976.75 has continued to come into play over the past few days. It’s a Micro Voodoo Fireline, and while these levels are primarily important to short-term trades, they’re quite important in that context.

Neil Yeager Futures

Who’d Have Guessed

Would you ever imagine that another bank failure would lead to a rally of 1.5% in Europe and 1% in the US equity space? The overnight low in the ES was 3895, the year open. Today it rallied back to balance @ 3990, or +100 higher. Wow! Don’t go to sleep on this thing either because the fun is just beginning.