I posted early last week that we should touch down at 75 by friday.
ES never made it there and stopped 2 pts above. ES gaps seldom hold up this well.
Something big is in the making as such price actions will coil up even more tension that is stored into the current price level. Any spring out of this area should be very explosive.
Short term market consolidation is coming to a close here. Market is very very strong to the upside just like Gold is. I am staying long and will look how the market reacts at 950. --Ishmael