Yesterday ES opened below the previous days HOD and drove down to the 7400 level before quickly finding support, just missing the naked TPOC at 7395.50. From there it was a steady grind up throughout the day. 3 different sets of singles were left behind while the IB 200% Extension was easily hit and surpassed. It looked like ES could march on to the 7500 level with the pace and strength it was showing.
Will that be in the cards today?
Lets take a look at what to watch out for and today’s key levels.
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