Daily analysis and reaction locations [2026.06.02]

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Daily analysis and reaction locations [2026.06.02]E-mini S&P 500 FuturesCME_MINI:ES1!pavlusrockulusThe previous session printed a new high, creating fresh reference points for the current trend structure. The pullback started late in the session and is now approaching a value-based reaction zone near the most recent sub-structure low. Volume within the current uptrend continues to support the active sub-structure. Trade Idea: I’m looking for a first-touch entry at the value-based reaction zone. My stop placement would be below the sub-structure low, with the final target set at the algorithmic reaction zone near the highs. First-touch trades require active management until the reaction zone proves itself. My approach is to enter on first touch and seek confirmation afterward rather than waiting for confirmation before entering. This allows for earlier entries but comes with increased risk. If price breaks below the sub-structure low, this trade idea becomes invalid, signaling a potential short-term directional shift toward the next value-based zone, which would then become the next opportunity. Shared for educational purposes only — not financial advice.