This week we have OPEX (Option Expiration) and some earnings of big caps like AAPL and META. I am expecting some volatilities may continue for the whole week. ES bounced back to yesterday high after European session closed.
The big question, why did ES stope at the High US early session and high of Friday ? I am expecting kind of cooling off movement, drop back to Value area of yesterday.
That high becomes a poor high , and will be noted for any potential break out, but may not be today.