Late Evening S&P Futures Note
|5 min ES|
If and when 1345 trades again in the coming hours the ES could see 1348.. especially if 1345 firms into support. The current 1 min ES trend has immediate support @ 1344 and 1343.50.. 1340 remember remained elusive post the 10 handle rampe off 1332.
In the chart to the right and below you can see perhaps why the ES rallied to the point it did this morning.. 10 handle rule off lows and the price ran into overhead resistance drawn from friday’s pre market low/support.
As for the underlying bid creators DX/6E .. both happen to be green tonight.. both up .03% …
Euro sticking to 1.325.. crude is up 50 cents flirting with the 99 level.
|5 min expanded ES|