Daily analysis and reaction locations [2026.06.30]E-mini S&P 500 FuturesCME_MINI:ES1!pavlusrockulusThe previous session initiated the sub-structure pullback by breaking the internal high. Pre-market pushed slightly higher, and price is currently trading in the middle of that move. While the value-based pullback target above remains the main objective, it's unclear whether price will push straight toward it or pull back into the internal value first before reaching the algorithmic target. Looking at the volume profile, the pullback is already supported for a move higher, which makes a straight push toward the target above the more likely scenario in my view. The volume profile also shows the algorithmic reaction zone carrying some additional weight worth noting. This week is having some economic releases, so it's worth monitoring the high-impact news calendar to adjust positions or wait for the impact to resolve. Open the chart or zoom out on the preview to see all zones. Trade Idea 1: With price currently sitting in the middle of the move, I'll be looking to enter the pullback toward the value zone, using confirmation from the RTH opening range. The opening range itself will serve as my risk reference for this idea. Trade Idea 2 — Swing Short: A second idea is a swing position short from the algorithmic reaction zone, targeting the sub low. Risk reference for this idea is the sub high. Shared for educational purposes only — not financial advice.