$ES Daily Plan | April 30
Today’s session saw two-sided trade within the composite high volume area, meaning nothing has changed contextually, as the auction remains in a state of balance awaiting further market-generated information.
Intraday strength would be indicated by a reclaim of 7180 (UT1), the low volume node (LVN), while weakness would be signaled by a break and hold below 7126 (DT1), the prior multi-day value support.
Failed breakouts from this range remain of interest for fading back to value, a classic mean-reversion strategy in balanced conditions.
Smashlevel: 7150
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