Note that I have adjusted the chart for Dec 25 contract.
On this chart the ST Control migrated higher to 6671 late last week.
The Major Control is at 6481.5 but there is also Major Support on Dec at 6524.5.
If ES holds 6671 then ST target is 6743.5
Read this post on Substack
On Friday I marked Significant Buying (green) so the first mechanical indication of weakness would now be a RTH close below 6687.25, Friday’s Buying Day Low.
