Daily providing commentary to help self trade the ES/SPX/SPY markets for day trading. Overnight about 75% net short overnight inventory, and good possible bounce, so would look at open for the ES to bounce to about the 2005 area for a decent short. If buys show up in force around 2005 then 2011 and 2017 are decent upper targets and it the 2005 rejects look to 1990.
now that the over night has pushed past my bounce number premarket the open action will be very telling. a open bounce could be rejected back to 1991 and a drop could pop to 2019 watch for the weakness and strength accordingly