Please note that the following was posted on https://chartprofit.substack.com/ on April 8.
Due to a technical issue, the post was not archived here until April 11th.
I’ve been monitoring 5244 (a Control of a previous Major distribution)’. Pre-RTH that level was briefly tested – just before Open ES prints 5219. Price printing time above that level would be first sign of strength in the ST. There is a v min Control at 5167 – time below that level would indicate further weakness.
I would want to see signs of Effective Buying (green) before even considering the long side.
