Tepid GDP leaves S&P futures little changed
|5 min ES|
This tight range break up or down should dictate the next leg of ES direction. (thus far looking lower) The 1516 area does not have a whole lot of strength as support which mean there could be a move into 1510.
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|5 min CL|
Copper futures have 100% reversed their gains from last evening to fall into 3.55 from highs of 3.602. Support is 3.55 resistance 3.58. Because of this weakness in metals FCX could be a weak burner off the open.