I wrote pre-RTH yesterday that ‘as long as 7157 is held, ES is in position for a strong end to the week‘. The low of the session was 7157.25, right at the Support and ES rallied strongly from there to a new high and quite likely, a strong end to the week.
We now have proven Support at 7157. Significant Buying (green) was marked yesterday and I usually write that if an RTH close is subsequently marked below the low of the Buying Day it is the first sign of weakness but in this case it is the same level, 7157.
