Friday’s Value Area was generated entirely below the 2mn (now) Control at 6861.50. In the ST this was an indication of weakness but the dip below 6810 is the lower end of the range that ES has been in since late November and 6861.50 has been recovered overnight. Friday’s decline would have frustrated the Buyers (green) active on Thursday but pre-RTH ES is printing back in the middle of the mentioned range. Price relative to 6861.50 important to monitor.
