On Wednesday, there was a rejected test of the 6060 target.
Overnight, ES declined below the Major Support at 5966 (see note 06/10) but has recovered to test the 1/2R off Wednesday’s high at 6001 (dashed line on chart) and, as of pre-open, has not exceeded that Resistance.
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A RTH close below 6005.0 (Tuesday’s Buying Day Low) would be a mechanical indication of weakness but note the Major Support at 5966.
