I wrote yesterday ‘Today I’m watching (again) how price behaves around 6800. If ES can print some time above that level we should see it higher.. also SPY has had a cap at 673 for last two days so I’ll be watching that level as well‘.
read this post on Substack
During yesterday’s session ES again rejected 6800 on the open, same as Tuesday (see note 10/06) and then declined to test the minor Control at 6769. A break above/below that Support/Resistance could see some follow on but I’m assuming Buyers are in control until evidence says otherwise – wouldn’t be surprised to see ES end the week around that 6800 level.
