So far, you're right, but it's a messy range. Need a good move above 4139 to clearly reverse to a long bias. I may be stubborn, but I'm still leaning long for the day.
4139 holding fairly well on each thrust higher, but NQ is just ripping and just filled an open gap from last August. I don't see ES selling off with NQ this strong, so I'm thinking we eventually break higher.
Two Inside Days in a row. Going back to 2005 (4414 trading days) - we've only had 19 occurrences of that. Will today be the 20th? I doubt it.
And another break above 4139. Let's see if this one gets legs. If not for NQ, ES would probably have been trading below 4K.
ES completely stuck at fair value from last week, i.e., POC (4137,50) and mid-point (4140,50). Last week's close also at 4138. Could be a nice low risk short here with a stop at 41, but I'm not taking it. Still praying for a pop. Maybe we need some headlines or news to get this moving. Meanwhile, a dirty trend day higher on NQ.