Key levels
7810.25Resistance · prior day high / 30M swing high
7793Resistance · overnight high
7783.75Resistance · Friday's 30M lower high
7760.25Support · overnight low
7754–7748.6Support · prior day low / 50DMA / 30M swing lows
7737.6Support · 20DMA / 1H swing low 7737
Context
Friday cleared last week's 7786 supply, tagged 7810.25, and settled back to close at 7779 inside a 7754–7810.25 day. Overnight stayed inside that range, 7760.25–7793 on positive delta (+6995), and at 07:30 ES sits at 7780, the middle of both ranges. Lows are rising (7749, 7754, 7760.25) while highs are falling (7810.25, 7793, 7783.75), so it is compressing, and rejections at 7783.75 point to a test of demand first. The 50DMA (7748.6) sits just under the prior day low and the 20DMA (7737.6) under that, so they back the demand edge instead of sitting in the middle.