Yesterday I wrote that the picture had cleared and “If ES prints below 4353, as it is currently, it is in a weak position”. ES opened RTH below that level, rallied in the pm and was testing that Resistance by session close; pre-open today price is well above it. On 09/15 there was “a change in tone and a pattern Bulls would want to see reverting” – that may have happened – if Bulls have regained control, 4353 would act as Support from here and ES would be in a strong position for the first time since early September.
