#ES_F 2.09 Overview and Levels to watch

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Globex Inventory is long and we are on the move out of Value. Where are we taking this today? On the downside we have 4536.75-4532.50 as PM support which of broken that's our first sign of weakness and below is KEY Intraday support at 4524.25-4519 which needs to be broken in order to see lower levels which are 4508.75-4505.50, 4497.25-4487.25 and 4479.75-4475. On the Upside holding above PM support is continuation of strength and can see 4570-4562.50 and 4589.50-4584.75 which would be our Key Resistance areas for today for more upside. If we build Value over 4570 and take out 4589.50 can see 4603.25-4598.75, 4623.25-4614.50 and maybe 4636.50-4632.25.

Penafian

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