Positive price action off last week’s low.
01/15. The 6mn Control was recovered, see note 16th Jan.
01/17. Value Area generated above 1/2R off Dec high, see note 17th Jan.
01/20. The major Control migrated back to 6022.50, see note 21st Jan.
01/21. VA generated about the Control & Effective Buying marked, see note 22nd Jan.
First mechanical sign of weakness would be a RTH close below 6043.50 (dashed on chart), Tuesday’s Buying Day Low.
First Significant sign of weakness would be price printing time back below 6022.50.
Today, there is minor (2day) Control at 6113. Worth monitoring in the ST.
