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One read per session, published pre-open. Same structure every time: what the auction did, what it is trying to do, how well it is doing it, and what it is likely to do next.

  1. № 005 Fri 7 Aug 2026 ES written 09:22 ET The heaviest selling of the advance bought sixteen points, and the night took all of it back Three sessions of relentless aggressive selling have moved this market <em>up</em> 115.75 points. Thursday was the clearest instance: more selling than Wednesday, in a range 62% the size, closing at 42% of it instead of 5%, with the low set in the eleventh period of twenty-seven and fifteen periods after it unable to touch it. That is a cohort paying more each session for less ground, which is what being absorbed looks like from the aggressor’s side. The overnight — which contains the 08:30 releases — has put price 24.00 above Thursday’s value-area high and 9.00 above Wednesday’s point of control. The bias is higher, and it asks for 7795.75 to prove it, because the one thing genuinely on the sellers’ side is that Thursday’s value did move down. 7774.75
  2. № 004 Thu 6 Aug 2026 ES written late 10:58 ET The record was made in the opening print, and sold for the rest of the day The first genuine seller of this run arrived on Wednesday, with the exact signature this publication named a day earlier: price and order flow in the same direction, and every point of range extension below the initial balance. What he did not do is move value. The point of control fell 8.25 points, Wednesday&rsquo;s value-area high printed 10.00 above Tuesday&rsquo;s, and 40.00 of the 50.00-point value area overlaps Tuesday&rsquo;s. So the bias turns lower, but conditionally &mdash; it needs 7745.00 to go. While the shelf holds, a retest of the 7820.25 record is the live alternative. 7759.75
  3. № 003 Wed 5 Aug 2026 ES written 08:05 ET Six hours of absorption, then twelve of covering Buyers hold everything and there is no reference left above price. Tuesday was a trend day that absorbed aggressive sellers for six hours; the overnight is the aligned leg that absorption was always going to produce. The read stays long, but with projections instead of targets — and the line is the overnight low at 7771.00. 7799.50
  4. № 002 Tue 4 Aug 2026 ES written 08:15 ET Four sessions up, and the first genuine supply is 18 points away Buyers hold everything and price is in discovery above six weeks of value. The advance runs on absent supply rather than initiative, which resolves upward until a seller actually appears. 7629.00 is the line; the first real shelf overhead is the 28 May – 4 Jun balance starting at 7672.75. 7655.00
  5. № 001 Mon 3 Aug 2026 ES written 08:49 ET Three days took back nine days of losses — on falling aggression Buyers hold territory tactically, but on falling aggression into a dense reference shelf at 7562.5–7567.75. A large trapped-short cohort from the late-July breakdown is the fuel; 7546 is the line that decides whether the gap is real. 7563.75

A read like this, before every session

Auction Reads are published pre-open. Same structure every time: what the auction did, what it is trying to do, how well it is doing it, and what it is likely to do next.

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