Daily Analysis and Reaction Locations [2026-07-16]

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Daily Analysis and Reaction Locations [2026-07-16]E-mini S&P 500 FuturesCME_MINI:ES1!pavlusrockulusPrevious session violated the internal high — could be an early indication for continuation higher. But given the broader market context, this could also just be a liquidation event. Right now, that leaves an unresolved range without a confirmed direction. There's a reference below the previous day low I'm watching. As long as that holds, I'm leaning up for the session. Still two-sided — no confirmed direction yet. Grab the chart or zoom out on the preview to see all zones. Trade Idea Taking the pre-market push higher, targeting the POC — that's anchored to the new internal low, which hasn't confirmed yet either. Once price reaches the POC, I'm watching for confirmation that price wants to turn lower before considering anything on that side. Shared for educational and analytical purposes only — not financial advice or a trade recommendation. Entries, stops, and targets are shown for study, not signals to copy.