Overnight Range Support and Upside Levels in Index Futures

Conviction: 55% · Horizon: 1D · 2026-07-24
Overnight range low near 7430 can support a bounce toward 7478, with a close above 7508 opening a path to 7562.

Price held a tight overnight range with support near 7430 and spot near 7448. A long bias from that range low targets 7478 intraday; bulls need a daily close above 7508 by Monday to keep 7562 in play.

Instrument Side Target Reason
ES=F Long 7478 Overnight range low near 7430 offers a defined long lean with upside toward 7478; a close above 7508 would confirm continuation toward 7562.

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