From note 12th May: If a test of 5900 plays out, the reaction will be interesting to assess, i.e. whether that level is rejected or accepted (time).
We did see the test of 5900 and since then ES has printed below 5870. Jury’s out – Bulls would hope that more time could be printed back above 5900 – if not a re-test of the 5647 Support would look likely. My conviction is not high here but Buyers have been in Control since April 23rd imo.
