Pre-market Morning Analysis 7.17.25

Review of yesterdays session

ES trades a halfway back short from yesterdays hi to ETH lo at 6300 at NY open to downside target of 6240, which is currently holding as support.

We spent the rest of the session grinding higher, with price closing around 6300.

Going into today

My long term bias does remain bullish, but my mid term bias is leaning towards ne…