The post S&P 500 futures press the central pivot as the two-way structure guides the New York setup appeared on BitcoinEthereumNews.com.

ES is rebounding from the lower range after a three-session pullback, with the central pivot now acting as the key decision point for rotation back toward the upper band or continuation inside the lower structure. ES (S&P 500 Futures) remains governed by the same two-way MacroStructure that has been in place since October 2025. The broader framework continues to function as a rotational environment: Rather than establishing a new directional regime, price has repeatedly moved between predefined internal reference levels as liquidity shifts across sessions. After completing a rotation into the upper structure earlier in the cycle, ES has rotated back into the lower range over the last three sessions, then responded from 6753 and rebounded toward the daily Central Pivot (CP) at 6866.50 as the market approaches the New York open. In a two-way environment, the central pivot typically acts as the primary decision point — either converting into acceptance that reopens the upper band, or rejecting and keeping the lower structure active. The central pivot is the New York decision gate ES is rebounding off the lower range and pressing the daily CP at 6,866.50 — the next read comes from whether price accepts above the pivot or rejects back into the lower ceiling. The CP at 6866.50 is the main reference for the session. A break and hold above CP would support the observation that the auction is rotating back toward the upper range, with 6909–7010 returning as the next mapped micro reference zone. A failure at CP would keep the lower structure in play, with the lower-range ceiling references 6753 and 6803 remaining the key magnets and decision points if downside pressure resumes. What the tape suggests in mid-London The profile shows value anchored around 6,803 (POC) with participation building above it, keeping a CP test…

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Filed under: News - @ February 6, 2026 1:29 pm