The 1/2R off the August high is at 7739.5 (dashed line). This natural Resistance was tested overnight and ES then declined back below 7700. The first rally in a bear move will often be capped at the 1/R off high so it’s an important level to monitor. Price above that Resistance (now proven) would be a positive.
First Support is at 7665, the minor Control.
ST: today, price relative to 7701 is worth monitoring.
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