I wrote yesterday ‘Ahead of the Fed decision today ES may want to revisit the ST Control at 6592, but a break to a new high at any time would move the ST upside target to 6700.’
The 6592 ST Control was tested (in a volatile dip and recovery ES printed as low as 6554) but note Wednesday’s Value Area was printed above the Control. ES broke to a new high overnight so I’m targeting 6700, as long as ES holds 6592.
