posted 9.08 a.m. est
Pre-open Tuesday 1st December
1106.5 = First Level Resistance. (10day poc)
1088.5 = First Level Support. (major poc)
With Buying (green) as the last imbalance I cannot consider the short side.
ISEE (equity only) index had the lowest reading for four months at 135 and the Rydex Asset ratio (my version) has fallen for the last three days.
There are many lagging charts as discussed but with ES holding above the 1088.50 poc overnight there is the possibility of ES moving higher into the imminent time pivot around 4th december (see revised eBook page 4).
