S&P 500 futures (ES) are flashing robust overnight action, currently up +0.75%, decisively clearing the 4180 technical resistance level. This sustained buying pressure, following a series of strong earnings beats from bellwether tech names, confirms an accelerating risk-on sentiment. Institutional delta positioning indicates significant accumulation at the lows, setting up a clear gap-up open for the SPX. 90% YES — invalid if ES drops below 4175 before 9:00 AM ET.
S&P 500 futures (ES) are flashing robust overnight action, currently up +0.75%, decisively clearing the 4180 technical resistance level. This sustained buying pressure, following a series of strong earnings beats from bellwether tech names, confirms an accelerating risk-on sentiment. Institutional delta positioning indicates significant accumulation at the lows, setting up a clear gap-up open for the SPX. 90% YES — invalid if ES drops below 4175 before 9:00 AM ET.