Smash puts out some of the best and most consistent work on tradfi everyday.
Well worth a follow.
Cc: @smashelito
#ES_F Daily Plan | October 30
Sellers ended the daily one-time framing up today, bringing the market back into a 3-day balance area—our short-term focus.
This remains a bullish consolidation until proven otherwise, as Monday’s weekly gap is still intact. Only filling the gap and accepting back within Friday’s range would meaningfully shift the tone, which would require sustained selling effort.
Buyers aim to reclaim immediate resistance at 6936, while sellers target a break of 6889. The Trump x Xi meeting is on deck tomorrow, along with AAPL and AMZN earnings.
Smashlevel: 6908
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