ES on early Jan'25

ESH2025
Market Balance Dynamics

The market is currently exhibiting a prolonged initial balance on the downside, indicating a period of consolidation.

Accumulation of Passive Buyers

There seems to be a potential accumulation of passive buyers taking advantage of the downtrend, suggesting that buying interest may be building.

Uncertainty in Market Movements

However, it is still too early in the market to predict definitive movements, leaving room for either further downward trends or recovery.