- Range mentioned in the below chart has been violated.
- Break of 1231 gave 1227.25. Price has found support in this area for now.
- Sustaining below 1227.25 may give 1224.50
- ES is showing a range of 1231 to 1238 with 1234 as the mean.
- Breakout or breakdown from this range can give good direction.
- 1224.50 is an important support area in case of a correction from these levels