The recovery off Monday’s low was “a bit slow” (see note 10/25). Second clue that a low wasn’t in was the time below 4253 (see note 10/25) at the start of Wednesday’s RTH, in fact that was the high of the session.
ES printed as low as 4171 overnight. The Major Control (months) is at 4136 and long-term Bulls would want ES to hold that important Support.
