Please review yesterday’s note, highlighted on chart.
At RTH open on Tuesday ES tested the Major Support at 6712.5 but recovered it very quickly. This initiated a rally above the 6740 Resistance (now First Support) and a strong close with Significant Buying (green) being marked again. 6800 has been tested overnight.
read this post on Substack
Weekly Technical Trend remains up, see other chart, and if ES consolidates this stronger position (above 6712.5) we could see daily trend turn up.
