ES Morning Update June 24th 2025
Looks like we have the breakout in play now and the market is gearing up to attempt to make a new all time high. I really don’t think it’s going to be as big of resistance as many may think because we are ending the bearish period and entering the bullish period now. Plus we’ve have several weeks of basing in a range from 5800-6000 or so, which means there should be plenty of energy for a strong move to gets through the high.
The 6250-6300 zone would be where the market could run out of steam as that’s about a hundred points over the all time high and I’d say most of the shorts will be taken out by then, and they will flip to become bulls. We are not there yet of course, and we might grind sideways more after the current rally in play gets tired. But there’s nothing bearish left now.
The weekly and daily charts have turned up from oversold on their MACD’s and we are in a bullish period now, which can last into August. Sure, there should be a pullback at some point but we need to wait for the next “short term” bearish period to appear. For now though there’s nothing to do on the bearish side. We are going up or sideways for awhile now.
Short term, we’ve probably run out of steam on this breakout and will top today and pullback small to base more into next week and beyond. There’s a downside FP one the SPY this morning at 588.79 from 4:00 am, so we could see that hit in the next day or so. It would be a backtest of the Sunday futures low, but it would be a higher one then it was as 588.79 on the SPY should be around 6000-6020 (roughly) on the ES. The Sunday low was 5959, so the FP on the SPY will clearly put the ES well above it.
Have an blessed day.
Source: http://reddragonleo.com/2025/06/24/es-morning-update-june-24th-2025/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
LION'S MANE PRODUCT
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.
| Visits: | 1,706,868,230 |
| Stories: | 8,446,671 |
Whistler Blowers, Insiders
