es, spy, day trading for June 29th 2020

Still in the pension funds re balancing until end of month so worth watching this selling pressure.
The red zone is the acceptance of prior lower distribution and maybe the days trading range. Fast breaks that pop out of the Red zone and get back into range will be seen by me as a fail move and could be good range action. Today looking range bound until a clear move out of range or strong impulsive move takes place.