I wrote on 20th July ‘Bulls would regain ST Control if ES can print time back above the Major at 7556.5, currently Resistance‘.
Subsequently, there was a very brief (minutes) rejected test of that Resistance on 07/22 (arrowed on chart) and ES has printed lower since then.
Development: on 27th July the Major Control migrated lower to 7448.5 (from 7556.5). Price relative to the level (now Resistance) is important to monitor.
