Futures & Derivatives · CME: ES1! S&P 500 E-mini (ES1!): Reading the Chart Into September — Breakout Zone at 7,840, Major Support at 7,301
Global Markets · Futures & Derivatives · CME: ES1! S&P 500 E-mini (ES1!): Reading the Chart Into September — Breakout Zone at 7,840, Major Support at 7,301 By Suman Ghosh | WealthChartX Desk | August 29, 2026 | 6 min read Metric Value Close (Aug 29, 2026) 7,722.00 ▼ 20.50 (-0.26%) Session Range 7,711.75 – 7,782.50 Recent Swing High 7,838.50 12-Month Low (Apr 2026 washout) 6,415.75 Volume 1.46M contracts The E-mini S&P 500 (ES1!) closed August 29 at 7,722, easing back after tagging 7,838.50 earlier this week — the highest print since the contract's April low near 6,416. That's a rally of roughly 22% off the bottom in under five months, and the daily chart is now sitting right at the level that decides whether this is a pause before the next leg ...