Today we will be using 88-90 as our Bull Bear zone, Above here Bulls are still in control and should retest 95.50-97.50 where we would need an intraday setup to short. ES found value at highs yesterday so a break of 97.50 would lead us into the 02.25-04 and 06.75-07.75 Resistance. Where we should look for signals intraday to short, as there is no hard resistance a blind short is not really an option we must have some confluence up there.
Bellow 88 ES should retest 85.50-83.50 where we would need to see a strong intraday setup to long as this is the 3rd test. A break below here would see us test 77.75-75.75 where id expect to see buyers on first test.
FOMC minutes are out later today so id expect some two sided action before these minutes are released.
Happy trading.
BB and Resistance contained the entire day's trading w/ FOMC. Very well done, thanks for your analysis and review
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