NOTE:
The ON (overnight) weakness did not carry over into RTH (regular trading hour) ES tested the 38 support before rallied and closed today right at our 54-5 resistance (54.75). Finally we got a long body candle without whisker on top. However candle color reverted to grey again. Indicators are all bullish and momentum has increased and ES also printed a SYNC stick. Therefore I expect further strength near term and ES to print new all time highs.
We have a similar story for the 3-hour chart. As you can see the overnight weakness resulted Pinky kissed its signal line and bounced off.
RS levels remain the same and the 48 support is getting stronger after today.
DAILY
3-HOUR
