The high on 09/26 (5 minutes before RTH) was 5830, see note 09/24. On 09/25 the 1month Control moved to 5771.50. ES is currently printing below that level (now Resistance) and aligning more with the negative scenario outlined in yesterday’s note rather than the positive one. Unless ES can print time back above 5771.50 it is in a weak position and new longs are eliminated for me.
