Daily analysis and reaction locations [2026.06.10]E-mini S&P 500 FuturesCME_MINI:ES1!pavlusrockulusWith the previous session breaking the swing structure, my directional bias has shifted from up to down. The value-based reaction area below is now the primary reference for the next potential directional shift. The previous session did provide some structural context to work with, but following the swing low break, I want to see a strong reaction at the sub-structure high and its value-based reaction zone before committing. The current trend volume is now supporting the sub-structure high, making a continuation lower the more likely scenario — though confirmation requires the sub-structure high to hold and the sub-structure low to break. It's worth noting that due to the rollover, the structural picture presented here is only valid for this session. The price difference between the current and the next contract means these reference levels will shift once the rollover is complete, so they should not be carried forward into the next session without adjustment. If the sub-structure high fails to hold, the directional bias remains down until the swing structure high is broken. Any upward move beyond that level will be treated as a pullback, with the value-based reaction zone at the swing high acting as the pullback target. The primary downside target is the demand zone at the sub-structure low. Today's session carries high-impact economic releases, so the plan is straightforward — look for a trade down from the supply zone and be done before the numbers hit. Thursday and Friday I'll be sitting out the rollover entirely, letting the big players sort through their positioning and touching some grass. For those trading through it, I'll post something separately covering what to be aware of during the rollover sessions. Open the chart for the full picture, or zoom out on the preview to see all zones. Trade Idea: I'll be looking for a trade down from the supply zone, with the sub-structure high acting as the risk reference and the demand zone at the sub-structure low as the primary target. With economic releases approaching, the priority is to be positioned and out before those numbers arrive. Shared for educational purposes only — not financial advice.