From yesterday’s note – ‘10day Support at 5973, worth monitoring today‘.
ES broke that Support immediately after RTH Open and then found Resistance there intraday, see arrow on chart. A sharp decline followed. ES has not yet begun to respond positively to the S/R levels; actually the opposite.
ST: First sign of strength would be time printed above a v. minor reference level at 5870, but as I’ve written ‘new longs eliminated for me below 6022.50 (the Control migrating lower might change that view).
