S&P 500 Futures (ES1!) H4 | Overlap Resistance at 50% Fibonacci Retracement
S&P 500 Futures (ES1!) H4 | Overlap Resistance at 50% Fibonacci Retracement
Type:
Bearish Reversal
Key Levels:
Resistance: 5,817.50
Pivot: 5,523.50
Support: 5,146.75
Preferred Case:
Looking at the H4 chart, the price could rise toward the pivot and potentially stall around this level before reversing to fall toward the 1st Support at 5,146.75.
Alternative Scenario:
Price may break above the Pivot at 5,523.50 and rise toward the 1st Resistance at 5,817.50.Publication date:
2025-04-15 13:45:02 (GMT)