Just prior to RTH open, ES is shying away from the 1/2R at 5533.25 and printed below 5500. Not a positive follow-on to yesterday. A RTH close below 5527.75 (Tuesday’s Buying Day Low) would be first mechanical sign of weakness.
read this post on substack
E-mini Nas 100 (NQ) chart has still not confirmed any strength. We have been looking for time above 19566, the equivalent 1/2R. See Tuesday’s note.
