Thursday’s Value Area was generated just above the 12mn VAL at 6670 (dashed line on char). ES needs to bounce back – more time around 6670 and a Control could develop at that level which would be a further negative.
read this post on Substack
In any event, I won’t look at new longs below the current Major Control at 6853, see note 03/05. In the ST, ES needs to recover the 12-day Control at 6790.5 to give even a minor positive indication.
