I wrote on Wednesday that there was ‘the possibility of temporary rejection here (>6555) but no there’s still no indications of weakness on any timeframe‘. I will be targeting 6625 next if ES continues to print time above that level (acceptance not rejection).
As per Monday’s note ‘First mechanical indication of weakness would be a RTH close below 6456.25’, 09/04 Buying Day Low (dashed on chart).
