Futures Trading Signals: Short-Term Support in ES Futures
- May 12, 2023
- 1 min read
Updated: Jun 12, 2023
US Equity Markets are seeing early weakness in S&P 500 Futures, 90 minutes into the 5-12-23 trading session.
Futures trading signals based on our Automated Long/Short ES Algorithm triggered a Short entry at 9:00 AM, at $4155.75. This was followed by a break below the "Daily Algo Bull-Bear Pivot" at $4152.74.
At 11 AM, ES Futures are testing down to Short-Term Cycle 1 Oscillator support at $4133.
Additional Algorithmic support levels on the Short Cycle are $4111.70, $4102.86, $4099.83, $4068.49.
The Longer Algo Cycles have support today at $4130.39, $4117.72, $4115.22, $4113.75, $4103.44.
Significant "Air-Pockets" exist on all four Algorithmic Long Cycles on price-acceptance below $4100.


