TradeWize · free chart read

ES is 39 bars into a downtrend, coiling inside a rising wedge after the 1 hour downtrend broke. The coil is on thin volume. $7680.56 ends the wedge, $7674.75 resumes the fall.

ES=F · 5M · read on 2026-09-02 · Still forming.

What the read found

Trend: lower highs and lower lows over the window, 4 steps across 39 bars, still intact
Formation: rising wedge — Still forming.
Decides above: $7680.56 (the rising wedge)
Decides below: $7674.75 (the rising wedge)
Resistance: $7690.75
Support: $7636.25
Level history: The last two times price reached $7690.75 it held every time, bouncing 0.2% on average.
Level history: The last two times price reached $7636.25 it held once, bouncing 0.3%, and broke through once.

Read your own chart

Upload a screenshot from any charting app, or type a ticker. The same engine computed this read. Free, no account, one read a week. It shows the levels and the two prices that decide it; the call is yours.

Analyze a chart

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