ES, SPY, day tradng for May 28th 2020 S&P 500 E-MINI FUTURES (JUN 2020) CME_MINI:ESM2020 alleytrader ES, yesterday was a price discovery day and had very little balance c/w a strong v bottom. The V bottom acted like a lot of short covering on the run up. the over night session did provide a good balanced action in the Es but not bad lower balancing in the NQ. For me to think we have reached a temp top would like to see a day session blow off and so far we have only had higher price acceptance, This means the top of the range from yesterday is a important level. Additionally the lower level of 3028 is also important info going forward. I will be watching these 2 areas close and looking for opening reaction to see if I can find my way for a decent day trade. Todays action will be talked about live in the trading room.