ES broke out of it’s 3 day downtrend buoyed by positive Iran headlines that the war may be near the end, and then essentially balanced out the rest of the day between the IB High and the HOD from May 18. NVDA earnings, despite have a record quarter, have so far not been able to give ES a jolt in either direction. ES continues to be stuck in yesterday’s afternoon distribution.
Let’s take a look at what to watch out for today and today’s key levels.
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