/ES 3347.00 = the daily 21,2 upper Bollinger Band value as of shortly after the Friday August 7 cash market open
vs.
/ES 3347.25 overnight high, which represents the newest multi-month bounce high since March
/ES 3318 = 5-day Volume Point of Control based on the prior 5 days of price action - an important potential bull/bear pivot value ....
bullish while above and bearish only while below
/ES 3245.08 = the Weekly pivot value for the current week ending August 7 ... it is rare that a Weekly pivot is not tested sometime during each week
/ES 3205.58 = the Monthly pivot value for August 2020
* using Volume by Price analysis, /ES bulls need price to hold above the 3342.25, 3322.50 & 3295.25 horizontal levels on a lasting basis in order to merit upward traction with probable Staying Power
* time is our most under appreciated & valuable asset, lest we squander it *