Mid Morning S&P500 Futures Chart
|5 min ES|
1230 failed with a bit of volume, 1225 next support… resistance 1235 if 1230 trades on a bounce.
The dollar strength/euro weakness is leading the show.. 1.3222 is the euro low for this morning….
notice how the ES failed right under 1255, which was the mid line of the channel formed mid last week.