ES Market Update: The first target level driven by the November 25th low has been reached. The next key question is whether the market can continue to push higher toward the second target around 7130. From the price action, the market has also touched multiple target levels based on the lows since April. Currently, this area shows a high confluence of technical signals across multiple timeframes—this is a typical high confluence zone characteristic. Multi-timeframe resonance often indicates that important support or resistance is about to emerge, so it is worth closely watching whether the market can break through or retest this level.