Holding the overnight low at 5,888 into the minutes. Small size until 2:00 — the real move is Friday’s CPI.
ES Trade Talk
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Third tap of 5,940 this week. Fading the top of the range with a stop at 5,948, targeting the VWAP.
Breadth is improving under the surface. Buying pullbacks to 5,910 while NQ leads.
ES holding the overnight low into the open; looking for a test of 5,900.