Weekly Tuesday Update 12/20/22

Yesterdays session could not have gone any better. We remained in the range high and low given 3842 - 3894 all the way until 1400 EST! OVN began the sell from 3894 with little to no upside risk. Took most the session but target was later hit on short for +38 handles. EOD lows were defended and value stayed true as ES closed at 3844. Even while we sold later in the session I expected this LVN as stated in the Weekly outlook to not be broken yet.