E-Mini S&P 500 Futures Detailed Review for Wednesday March 10, 2021

Today’s E-Mini S&P 500 futures (CME: ES, MES) detailed review.

Charts

Notes

Short good resistance at the 3912s was a planned trade and was good for a push down to initial key resistance. The long at initial key resistance was a good opportunity according to the upside scenario as sellers were not very aggressive off the 3912s and the broad market was showing signs of balancing (TICK hitting both extremes). This was good a push up to the 3903s larger VPOC area and ultimately for another test of good resistance, but could have just fizzled out at 3903s or rotated back down while balancing.