LobWedge Research — S&P 500 (ES) & Market Analysis

LobWedge Research — S&P 500 (ES) & Market Analysis

ES Mid-Week Update: Gap Bought, Hurdle Ahead

Iran gapped ES 155 pts Monday morning. The plan caught it. Now one level decides the rest of the week.

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LW
Mar 05, 2026
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ES Mid-Week Update | Mar 2-6, 2026


ES at 6,890 Wednesday. Up from Sunday’s close.

Monday’s gap played out exactly like Sunday’s top scenario. Two of our downside levels broke on the gap. Both reversed. The plan said patience on dips. The dip got bought, hard.

Now price is pressing against the one level that flips the tone for the week. AVGO beat after the close. NFP Friday is the last catalyst.

Updated levels, the chart structure that matters, game plan, and positioning below.

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