Heidi Gardner

130 point bi-directional moves in #ES_F to end right where we started and ultimately all noise until FOMC wraps up tomorrow. 4080 was key support today for bulls to defend and after trying for 2hrs, failed. 4020 next down. Bulls need to reclaim a resistance to squeeze (now 4050)

Today 4080 was key support as posted & we've been here 2hrs #ES_F. Technical analysis 101: This is the core downtrend line from January. We broke out this morning, now backtesting As long as above it, 4110 (squeeze trigger), 4150 remains in play. Fail here, we see 4050 next down

After todays 9 month breakout in #ES_F, it was time for back-tests as posted with 4110, 4080 supports. We sold to 4110 and bounced 30 points, now returning there for test #2 Bulls want to keep holding 4110 (4080 lowest) which keeps 4150, 4175 in play. 4080 fails, we sell.

CPI delivering vertical candle like the last CPI. Today's 4080 target easily cleared & #ES_F has formally broken its downtrendline from January at 4080. Now, bulls must hold 4110, 4080 (key) now supports. As long as defended, uptrend continues to 4150, 4175. 4080 fails we sell

Fantastic run & Target hit ahead of CPI. Yesterday I was looking to 4015 then 4045-50, and now at 4050. CPI 830, as always, its where #ES_F ends after 1st 30mins of noise that matters Plan today: 4075-80 next up. Bulls want to hold 4025 after any CPI dips. Sell to 4k, 3960 below

No time being wasted for #ES_F and fantastic follow through. Todays targets off 3960 support were 3995 (hit) then 4015 final & coming into it right now. This type of strength ahead of CPI not ideal for bulls though tomorrow Ideally, can dip/base here. 4045-50 next up above here

Today, 3995 was my 1st target and just hit (3995.25 high of day as of now). Slow day as expected as #ES_F waits on CPI tomorrow to make the real move Ideally, ES can base out for rest of the day then continue to 4015-20+ tomorrow which remains next up. 3980, 3960 now supports

Today, 3995 was my 1st target and just hit (3995.25 high of day as of now). Slow day as expected as #ES_F waits on CPI tomorrow to make the real move Ideally, ES can base out for rest of the day then continue to 4015-20+ tomorrow which remains next up. 3980, 3960 now supports

Good follow through in #ES_F and after defending 3955-60 support overnight, my 1st target today was 3995 and coming into it now. 4015 above. With CPI/FOMC tomorrow, bulls do not want to get too stretched today and ideally 4015 is max seen. 3955-60 remains must hold support

After defending 3955-60 support perfect overnight, slow start for #ES_F. Choppy/poor directional day would not be surprising with real fireworks starting tomorrow with CPI Basing now ~3980. 3995, 4015 remain in play as long as 3955-60 holds. 3955-60 failure begins sell to 3925

Major week of data for #ES_F & tactical trading incoming. 3955-60 was 1st support as posted Saturday & bulls defended hitting 3956 overnight and running Plan today: As long as 3960 keeps holding, 3995, 4015 next up. 3960 fails, we sell to 3920. Final support before deep sell

Have a great weekend! For 4 weeks, #ES_F has built a base @ 3920-4050. 2 support hits, 2 res hits, 1 fake-out. Breakout week likely Next week: 3955, 3920 = supports. As long as 3920 holds, run back to 4050, dip, then breakout in play. 3920 fails, sell to 3855 starts. Map below