I wrote yesterday ‘ES is currently attempting to break higher‘ out of the ‘Low-conviction zone between 6956 and 6853‘. That didn’t happen. From the RTH-open ES fell back through the zone and pre-RTH today has briefly tested 6853, the Major Control.
read this post on Substack
A Value Area generated above/below those boundary levels would be a likely indication that the next directional move is underway – it’s been 10 days without that happening.
