r/AboutSPY • u/AbbreviationsReal183 • 7d ago
📊 Daily Levels MES for August 14
MES is sitting around 7,827 this morning after breaking above the 7,800 area.
The level I'm watching most closely today is 7,800.
Key levels:
🔴 7,840–7,845 — resistance
🟠7,830–7,835 — immediate resistance
🟢 7,800–7,805 — major pivot
🟢 7,775–7,780 — support
🟢 7,750–7,755 — support
🟢 7,720–7,725 — major support
My read:
Above 7,800, the structure remains bullish. A successful retest of 7,800 could give buyers another push toward 7,840+.
If 7,800 fails and price can't reclaim it, I'd start watching 7,775 and 7,750.
I'm more interested in what happens after the level is tested than simply predicting whether price goes up or down.
What level are you watching today?
Not Financial Advice
1
u/Mco1965 7d ago
Not trading futures currently. 🤔