In today's financial update, the $E-mini S&P 500 - main 2309(ESmain)$ has experienced a significant development, further emphasizing the prevailing bearish sentiment. As discussed in our previous analysis, the market had broken below the critical support level of 4496.25, indicating the potential for a sustained bearish trend. 1 Hour Chart Bearish Momentum Intensifies The market's price action has demonstrated the strength of the bearish sentiment as attempts to reclaim 4496.25 were unsuccessful. Instead, we witnessed a substantial decline, with the price reaching as low as 4447 before experiencing a brief bounce towards the range of 4466 to 4473. It's essential to note that this bounce should not be interpreted as a signal for a full-fled

In today's update, we continue to witness a bearish bias in the price action of the $E-mini S&P 500 - main 2309(ESmain)$. As we discussed in the previous analysis, the market encountered a breakout from the uptrend channel. This signals the potential emergence of a bearish trend. 1 Hour Chart Key Levels to Watch The price action currently stands at 4496.25, emphasizing the bearish sentiment observed recently. It's crucial to monitor this critical support level closely, as it plays a pivotal role in shaping the market's future direction. In the event of a breach below 4496.25, the next support zone to keep a close eye on is the range between 4477.50 and 4485.50. This range represents a significant support area, and

Today's financial update brings a shift in market sentiment as the $E-mini S&P 500 - main 2309(ESmain)$ encounters resistance at the critical level of 4531.75. This rejection has led to a breakout from the previously observed uptrend channel, signaling a potential shift towards a bearish trend. As investors and traders adapt to this scenario, it becomes essential to assess the current situation and consider strategic adjustments. 1 Hour Chart The price action now leans towards a bearish bias, with the next significant level of interest standing at 4496.25. A decisive breach below this level could pave the way for further downside movement. Traders are advised to monitor this critical support level closely as it plays a pivotal role in dete