S&P 500 (ES) - Fight for previous day low

The previous day's low (5038) is currently supporting the bulls. Interestingly, we have not been able to break through the overnight high (5057) yet. A breakout above it can set new impulses, with the next targets being the upper #BouhmidiBands (5069) and the previous day's high, which is even higher at 5095. However, a break below the previous day's low (5038) could further fuel the downward journey. The next targets would then be 5010 and the lower BB at 4963.