Daily analysis and reaction locations [2026.07.09]

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Daily analysis and reaction locations [2026.07.09]E-mini S&P 500 FuturesCME_MINI:ES1!pavlusrockulusThe internal low was broken in the previous session, which updates the current reference points to work with. Based on the broader market context, there is an early downside reaction point to watch for this session that could carry enough strength to push price. With price currently in a pullback following the low break, I'll be monitoring for either a reach into the value-based reaction zone — which is the preferred scenario — or simply an interruption of the local uptrend. Within the pullback target, there is also an algorithmic target level worth watching. Additional reactions may develop around the algorithmic reaction zone near the previous day low. Shorts remain my bias and the safer choice from the current structural view. Open the chart or zoom out on the preview to see all zones. Trade Idea: I'll be looking for an entry to the downside around the early reaction level and the value-based reaction zone, with risk placed above the internal high. VWAP deviations will serve as my partial targets, with Target 1 as the final target. If price shows a strong move, I'll consider leaving the remainder as a swing runner. 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.