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E-mini S&P 500 futures 16th July 2026

Posted on July 16, 2026 Written by Chart Prophet

LT: to maintain its strong position, ES has to hold the Major Control at 7556.5 (or recover a test quickly).

ST: as per yesterday’s note, price relative to 7598 (v. min. Control) is worth monitoring.

The first mechanical indication of weakness would be a RTH close below 7552.75, Friday’s Buying Day Low (dotted line).

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Filed Under: emini SP500 (ES)

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