Yesterday ES once again continued its value transition lower but also provided great opportunity at support zones.
So here we go today.
However ES did close yesterday leaving us a weak low which needs to be repaired at 59-61. Now our first zone of support is at 67.5-69.5 and we would need a good setup here for us to look long even though this was our target area a few days ago for a complete value transition. Especially in this bearish scenario. We may be better off waiting for the 59-61 or finally the 51.75-53.75 zones to start a long position.
As always have a great trading day.