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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]

Critical that ES holds the 1/2R Support (dashed line on chart) at 5420 - as long as it does I'm targeting 5800. … [Continue reading]

ES held the minor Support (which was 5344.5), see Monday's note. On Tuesday that minor Support moved higher to 5368.5. Also in yesterday's session, ES rallied above 5420, the 1/2R Resistance (dashed line) off the July high - which is a stronger … [Continue reading]