ST: from yesterday’s note “today price relative to 4469 is the level to monitor. An early rejected test could spark a move“.
high came early in RTH at 4468.75.
Today’s Support = 4387, Resistance 4411.5.
LT: from Monday’s note “The 3mn Control is at 4490 – I’d want to see price printing time above that level before considering new longs. The Control migrating lower (4410-15 ?) could change that.“
The 4mn Control has now migrated to 4411.50. Not sure that’s a long enough time-frame which suggests ES may well find this price attractive for a while.
