So here we have our levels for Thursday.
We will be using 85.75-87.75 as our Bull Bear zone today. If ES can hold above here we should retest 09-11. This zone is resistance but will be tested for a third time so i would expect us to potentially break above here and test higher. Our higher zones are 20.5-22.5 and 33-35. If we do break out of balance be i would be very cautious shorting and would only do so on clearly weak internals. We may even reach 45-47 if ES really breakouts of balance.
If ES can go down to test the bull bear zone and the break and hold below it then we could simply go back into a balance type scenario of two way trading and id expect buyers at the 65.5-67.5 zone and the 56.50-58.50.