Near Term Trend: Bullish / Neutral
As of 6/10/18 at 9:15pm EST: 2,775.75
UPDATE: Last week, I noted Id be looking to short ES futures at 2,757.50 with stops above 2,794 and with a target of 2,440.75.
ES futures are now above the 2,757.50 level, but still below the line in the sand resistance at 2,794. Some are putting resistance at 2,783 2,784. Im still of the opinion stocks will turn lower sooner than later and that 2,440.75 should be tested on the next selloff.
I would be shorting between current levels and 2,794 with stops above 2,797 and with the downside target for covering at 2,440.75.