I wrote 03/25 – on some timeframes, the Major Control has migrated to 5754. That is same now on all timeframes after yesterday’s price action.
Wednesday’s RTH opened just above 5819 (see yday’s note) and immediately declined, back to the Control at 5754. That indicates market participants are nervous ahead of an event and ES sought the Value at 5754. This may attract time, but either way time printed below that level would not be a positive
