#ES_F Daily Plan | January 29

The limited interest trading within Monday’s range resulted in the market filling a large portion of Monday’s significant gap. However, the gap at 6122 remains unfilled, leaving the island top intact for now.

The primary objective for buyers is to fill the gap and establish acceptance back within that 3-day range, confirming that recent weakness was primarily about shaking out weak longs rather than reflecting stronger selling. Failure to do so would challenge this thesis and open the door for further weakness. FOMC and big tech earnings on deck tomorrow.

In terms of levels, the Smashlevel is at 6102. Holding below this level would target the afternoon pullback low at 6084, with a final target at the support area between 6053 and 6043 under sustained selling pressure. 

Conversely, failure to hold below 6102 would target the unfilled gap at 6122, with a final target at 6145 under sustained buying pressure.
#ES_F