ES / MES Daily Dec 25

yesterday

For Thursday's session, spike rules should be applied. Above 6099.50 we can see 6118.75 the top of the above remaining open single print followed by the daily expected high 6125 and FOMC high 6137.5. Below the spike base, 6090, we can see the two new single prints created on Tuesday 6070.75-6075 and 6060-6068.50. Tuesday's VAL is 6062 with the daily expected low at 6071. 6070-72 will be an important area to hold tomorrow as weakness can push it down to Monday's spike top at 6043.

Holding below Tuesday's spike top could try shorts down to 91 and 80.