Today we will be using 90-92 as as Bull/Bear zone, If ES can hold above here we should retest the high of this balance area around 95.50-97.50. A break above here could signal a breakout scenario and ES would then be expected to get up to 02.25-04 and 06.75-07.75 targets. Where we would have to judge in real time if a short setup presents itself.
Below the bull bear zone today we have 82-84 where we could see buyers enter on first test. Below this we could liquidate quickly down to lower targets of 75.75-77.75 where id expect buying on first test. Finally we have 65 - 67 which could cap the selling of any breakout.
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