Technical resistance in ES-Mini S&P Futures built around all time high . Price is currently whipsawing around the psychological reference around 2400 multiple times on Wednesday trading session. On the hourly timeframe trend exhaustion is witnessed and whipsaw on Wednesday is very frequent around prev day RTH session high. Overall short term rally from the recent swing low of 2344 looks tired and possibly it can test the reference back.
E-Mini S&P 500 June Futures at Technical Resistance
ES-Mini on Tuesdays trading session is showing weak buying activity and last two days ES S&P500 futures are continuously whipsawing around previous week high which indicates a possible weak buying. Resistance is built around 2402.25. Price is whipsawing around the psychological reference around 2400.