Pre-open Thursday 8th October
Pre-open today ES has printed as high as 1065.75. Do the Significant Sellers respond at this level as they did on Tue 29th (red at top) or is price accepted above the 4wk poc at 1059 which would be bullish?
If there’s going to be a rejection by the Sellers it will probably come early in the session.
However, if ES prints some value above 1059 a new high is a strong possibilty which would be interesting into the 91 day cycle off the July low.
1059 is the level to watch.
