Looking at the S&P 500 eMini with Long Time Frame

Many of the examples that get posted here are short term trading examples. While chart below would still be considered short term by some, it does show some of the key things we often talk about applied in a longer time frame. This is a 15 minutes ES chart and is focused more on a particular level, 1847.00 - 1847.25. The buyers first appeared at the 47 level and served as support during the pullback. It also served as the point where the market dropped quickly this afternoon once pierced (not shown here).

15 min

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