Market Pulse ///
E-mini S&P500 remains within the 7575 – 7900 range. This week, sellers defended the resistance range from 7872 to 7886 twice. The core range for last week and this week remains unchanged at 7824 to 7848.
This week’s news and reports pushed volatility to its peak, but the support range we previously identified at 7720 to 7737 not only held firm but also warrants continued observation.
In any case, we still have a backup support range at 7680 to 7694 — do not miss the opportunity to work with this level.
The contract core has slightly widened its range to 7737 to 7782.
The indicator is VWAP 7772.
