The ES Mini Futures contract gained 0.35% in early trading, responding to a tech sector rally. Analysts note that the 10-year Treasury yield at 4.28% could cap the upside, as equity risk appetite may weaken. Pivot levels today sit at 5,412 support and 5,445 resistance. September 10-year T-notes (ZNU25) today are up +3 ticks. The 10-year T-note yield is down -2.0 bp to 4.350%. T-notes are moving higher today on some positive carryover from a rally in 10-year UK gilts to a 3.5-week high. Also, month-end buying of longer-term government debt securities by bond fund managers to extend duration and balance their bond portfolios is supportive for T-notes. Today’s tradeCompass analysis focuses on the S&P 500 E-mini Futures (ES) and offers a clear, technical trading plan — deliberately avoiding the noise and uncertainty around today’s Trump tariff headlines. ES Mini Futures maintained stability during European trading hours, aided by favorable PMI prints in the Eurozone. This cross-market boost adds credibility to the ongoing bullish narrative in global equity indices.