ES remains in a weak position at the start of this week.
LT: The major control is at 4137. ES is printing below that level = weak position in the LT. The major VAL is at 3705 (dashed line) – in the LT, Bulls would want see rejection of that level, i.e. a rally. see note 09/27 highlighted on chart – most important.
ST: The minor control is at 3695. ES is printing below that level = weak position in the ST. First sign of strength in ST would be a recovery back above 3695.
