S&P500 E-mini Levels For 1/13/2025

$ES_F Analysis & Game Plan

Big Picture: Bias is Neutral, Market In Upward Channel From October 2023 Low, $VIX 20-25 (Mild Volatility)

• Today´s Pivot is 5890

In the Sunday Post, I highlighted how both market breadth and sentiment have turned more Bearish over the past two weeks. Currently, the Fear & Greed Index stands at 26 (see image below), nearing the Extreme Fear territory—a level that often coincides with market turnarounds. The S&P 500 has also entered the oversold zone, suggesting that a potential bounce could be on the horizon.