ES at an Important Technical Crossroad
Tension mounts... ES on the precipice of confirming that the upmove from yesterday's low at 2790.24 ended at today's high at 2835.00. A decline that breaks and sustains beneath 2818.00, and follows-through to 2810 or lower will greatly increase the likelihood that the dominant near term downtrend off of last Thursday's high has reasserted itself... Last is 2816.25