I wrote yesterday ‘I’m looking for a convincing break above 7592.5 (1month Control) or below 7477.50 (Major Support) as an indication of directional bias in the ST‘.
In Monday’s RTH there was an immediate rejection at the 7592.5 Resistance, see chart. Just before RTH today ES was printing below the 7477.50 Major Support in a weaker position. As I wrote 06/18 ‘Bulls would want to see 7477.50 hold here‘ or be recovered as quickly as possible.
read this post on Substack
