There was a six point gap between my support trendlines on SPX and ES yesterday morning and it was the ES falling channel trendline that held the low. Since then ES has bounced as high as 1666.25 overnight, and I have main resistance this morning at falling channel resistance and the 200 hour MA in the 1670-2 area. Obvious support this morning is in the 1655-7 area. ES 60min chart: (more…)
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