Holding on for dear life. It's possible we drop from here, but no confidence shorting this today. I like 6120 as a target if we do move higher. I highly doubt today goes red.
'They' are really churning this 90/95 area today. Took a small loss again. Waiting for some upside momentum now or a PB down to 86/88.
On ES we have a double top at the overnight high, with buyers supporting prices at the overnight open, yesterday's settle, and yesterday's high made after the cash close. Price has dipped twice below the low of the first 30 minute cash session bar. I'll start a long at 96.50 and not before.
Things were bullish from 6090-95s until 10:40ET - who knows, yet we can see the changes in the tape. Meanwhile, they seem to be rotating around the reference point indicators below. Prior support now becomes resistance - back to bearish intraday sentiment until they break above 6090-95s with confidence. We'll see what London close going into 11:30ET will juice. Pick a side...
I'm still bullish in that I don't think today sells and most likely closes green. But it's possible it's a day that ain't going anywhere special, i.e., a boring range bound day.