LobWedge Research — S&P 500 (ES) & Market Analysis

LobWedge Research — S&P 500 (ES) & Market Analysis

ES Weekly: Out of Value, Looking for Direction

Below the range, into the weak half of February. FOMC and GDP decide what's next.

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LW
Feb 15, 2026
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The range that held for six weeks finally gave way. ES settled at 6,850 on Friday — below the floor for the first time since mid-January. This week is holiday-shortened and event-heavy, with FOMC, GDP, SCOTUS, and Geneva talks all landing in four trading days.

The dashboard breaks down the key levels, scenarios, and what to watch.

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