I wrote yesterday that ‘Price around 6365 could attract time and if ST Control migrated there it might produce a clearer picture‘.
During yesterday’s session ES rallied and spent enough time at 6365 to lift the ST Control to that level as I suspected it might. ES has rallied further and 6365 is now ST Support.
read this post on Substack
The first sign of mechanical weakness would now be a RTH close below 6302, Monday’s Buying Day Low (dashed line on chart).
