You can see from the chart that despite yesterday’s volatility in early RTH, Wednesday’s Value Area (like Mon’s and Tue’s) was generated entirely above 6956, the 6mn Control. There was further Support at that level later in the session.
read this post on Substack
This should have us leaning to the Bullish side in the ST but as I wrote on Tuesday, ‘price back below 6956 would obviously not be welcome.’
