I wrote yesterday that ‘ES is in a stronger position‘. ES had a very constructive day yesterday; Significant Buying was marked and now the first sign of mechanical weakness would be a RTH close below 7542.75, yesterday’s Buying Day Low (dashed line on chart).
I also wrote yesterday ‘Today, 7557 could attract time‘ – price action was actually the opposite of that – there was a very brief rejected test of that level at the RTH Open and ES rallied strongly.
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