ES Pre market Levels and Positioning 07.16.25

Quick note, “danger zone” is something I label, where I expect price to be whippy and liquidity to be thinner, exercise caution when taking trades in the danger zone.

Quick recap

ES put I a new ATH today, 6343 in ETH, but we were ultimately met with distribution. Longs were unable to defend the 6303 level, and we closed todays session at 6270s

Going into …