TradeWize · free chart read
ES is pulling back inside a bull flag with no clear trend inside a weekly uptrend. The pullback is on light volume. $7617.49 ends the flag, $7782.00 resumes the rise.
What the read found
- Trend: a series of higher highs and higher lows over the window, 3 steps across 58 bars — and that run is OVER: price closed below the last higher low 1 bars ago. Do not describe it as a trend that is still running.
- Formation: bull flag — Still forming.
- Decides above: $7782.00 (the bull flag)
- Decides below: $7617.49 (the bull flag)
- Support: $7408.38
- Support: $7199.50
- Level history: The last four times price reached $7408.38 it held every time, bouncing 4.9% on average.
- Level history: The last two times price reached $7199.50 it held every time, bouncing 5.1% on average.
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Every figure on this page was computed from the real candles up to 2026-09-02. This is a description of a chart, not advice, a signal or a forecast. Disclaimer · What a read returns