I'm holding a long position after the bounce at the 5414 level, as I believe bulls have started to regain momentum. The support levels at 5474 and 5438-41 are crucial in confirming the uptrend. I'm looking to add to my position as the market sets up for a potential rally.

I'm expecting ES to tap into the lows in the near future, especially after the bearish displacement observed. The market sentiment seems to be shifting, and it could reverse down after hitting the premium, offering a solid short opportunity. I'm riding this out with a fixed stop in profit.

Seeing a clean long setup at macro open, followed by a 1m candle closing bullish, indicates bullish strength. As soon as the candle closed, I entered a position with a stop at its low, targeting Tuesday 3am highs.