ES moved below 1354 S/R and now is testing it as resistance. Failure to move above 1354 or finding support, It's most likely that it will move down to 1318 or so. If things get really bad today then I will be selling with 1318 as my target, possibly by session end.
Now, if the market is stimulated, then it's most likely that it will move above 1354. Finding support here, then I will be looking for buying set-ups and trading towards 1366 and 1370 (50% ret).
1354 is a strong S/R for today's session.
ES now trading 1353.00 at 05:25 E.T.
As always, the market has the last word, and in due time will show us the way.
g
"Nothing happens by chance, my friend... No such thing as luck. A meaning behind every little thing, and such a meaning behind this. Part for you, part for me, may not see it all real clear right now, but we will, before long." - Anon.
