E-mini S&P 500 futures ESM25 18th June 2025
#ES_F #SPY
Note: Still showing June for now - levels based on that contract.
Development: On Tuesday major Control migrated to 6016 (from 5966). Little time would need to be spent at 5966 to bring the Control back to that level.
Here's the levels I'll be focusing on:
Support 5966 - time below that level would put ES in a weak position. Note the Support overnight at that level.
Resistance 6016 - time above that level would put ES in a strong position.
Seems participants with all the news headline events want to battle this out. I am a bit surprised that bearish sentiment has not taken over so far. Many years ago this would have never been the case, but we are in a new age, until we are not.