I wrote yesterday ‘Resistance (1mn) has migrated to 6930.5 and time above that level would be a stronger position and indicate higher‘. You can see on the chart that ES opened just above that level and Monday’s Value Area was generated entirely above that price. Encouraging.
read this post on Substack
However… enough time was spent at 5952 to lift the minor Control back to that level – this is now the level to monitor in the ST. Things change quickly, it’s frustrating, that’s why this game is so hard. Can ES build time above that level? imo that would confirm the indication higher.
