Always incredible to see how precisely price respects technical levels and no better example than tonights opening for ES futures. As posted on Twitter and prior updates, 4650-55 remains the critical support for the bull case and the level below which price melts down. Futures opened up at 6pm EST, tested it, and now trying to bounce. This is probably the last chance bulls get off this level though to put in a relief bounce. Here’s what I’m looking for (chart & plan below)
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