As I went over in last night’s update – yesterday was a positive day for the Bulls with ES immediately rejecting a test of the 6956 Control at the RTH open. It was ‘a positive and a statement from the Buyers – 6956 is now a proven level and price printing time back below that Support in the near term would be disruptive for the Bull case and suggest further downside‘. Overnight ES briefly printed above 7000.
read this post on Substack
See daily and weekly trend harts for SPY – below.
