The 1/2R off October low at 3715 (dashed) has been tested but held as Support at the end of last week – that’s a positive. 3mn Support is at 3689 – Bulls would want to see that hold. Today – Time at 3808 (minor VAH) rather than rejection, would indicate higher. Minor Support at 3773.5.

30 minutes in RTH. ES broke the 3844.50 minor Support on Wed and declined sharply. The 1/2R off October low (dashed) has been tested but has held as Support. Volatile today after latest jobs report. There is 3mn Support at 3689.

30 minutes in to RTH. I wrote yesterday that 3844.50 “is minor Support so time below this level would indicate further weakness“. That’s what we’re seeing with ES currently printing around 3720. There is 3mn Support at 3689.

30 minutes in to RTH as I write. I wrote yesterday “If 3891 is held early I’m targeting 3950; if not, then I expect 3844.50 to be tested“. 3891 did not hold early in the session and ES declined. So far in today’s session, 3844.50 is the low. This is minor Support so time below […]

30 minutes in to RTH. The minor Control remains at 3844.5 = Support. If 3891 is held early I’m targeting 3950; if not, then I expect 3844.50 to be tested.

The minor Control remains at 3844.5 and is Support at the start of this week. Friday’s rally lifted ES back to the 3900 area where it hasn’t been since 09/21. As I wrote on Thursday “I’m expecting 3900 area to attract time at some point”.

Minor Control is at 3844.5. ES couldn’t hold that level as Support in Thu RTH – now Resistance. Minor Support today is at 3799.0.

Minor Control is at 3844.5. ST scenarios: Min Control migrates slightly higher to 3851.5 and ES holds it = indication to 3900. Doesn’t hold it = ST weakness. LT: I’m expecting 3900 area to attract time at some point.

Early in Tues RTH, ES broke above 3822 which I wrote would be ST bullish, see yesterday’s note. Today there is ST Support at 3799.

On Monday ES printed time above 3780, the min VAH, which is a positive, see yday’s note. A break above 3822, would be bullish ST – if that doesn’t happen early RTH today then I would expect 3776 to be printed.