ES Levels & Targets July 18th

Yesterday the last downside target I gave for ES was 5645, as long as the 5668-72 backtest rejected, and after 3 tests of it, sellers hit the target. ES certainly agrees with 5645, and we have been basing around here for 4 hours now. As of now: buyers are trying to pop above it now (5652, 58 next up). Ultimately though, sellers still control short term until 5668-72 recovers.