Ground Hogs day in ES post Cash (SPY)
After cash closed yesterday the futures promptly sold down to mid day resistance turned support around 1344. Today we are seeing same 50% retracement of afternoon move after cash has closed. You can see this in the chart below. I would like to see 1346 hold as 1349 failed, the volume is very low mind you but futures are having a hard tim staying green, for 3 days now only green periods were early morning and late afternoon.