In yesterday’s note I wrote ‘I’m looking for a continuing response from Buyers today before considering new longs – ES holding above 4972.0 (now minor Control) would be a start.’
That level was almost the exact low of the session and Buyers responded immediately, see chart. That’s a positive and Significant Buying (green) was marked which is another. There is minor Support today at 5013.0, and below that 4972.0, now proven.
