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Price action this week has not been great.Tuesday's RTH closed below 5573.5 which I wrote on 08/20 'would be a mechanical indication of weakness' and Significant Selling (red) was marked.Today, price relative to the v. minor Control at 5523 is worth … [Continue reading]

ES is finding price around 5631 attractive, overnight and pre-RTH. That may continue for a while and price relative to that level is worth monitoring in the ST. Note: Previously I've mentioned minor Support at 5458 - this level is no longer relevant. … [Continue reading]

Pre-RTH today, ES has briefly probed the 2mn Control at 5635, see note 08/27. Price printing time above this Resistance would be a stronger position. … [Continue reading]

Potentially a volatile day. There is now a minor (10day) Control at 5624 - price relative to that level may be worth monitoring intra-day. In the longer-term as long as the Support at 5458 is held I'm targeting 5790. … [Continue reading]

Significant Buying activity (green) was marked again on Monday. The session low was 5573.5; a RTH close below 5573.5 would be a mechanical indication of weakness and put the 5790 target in doubt, see yesterday's note. … [Continue reading]