ES has now found itself in a brief holding pattern. Friday’s abbreviated session created a 2 day balance. I won’t really put much weight in Friday’s session, but the high and low of the session do like to be tested typically the next day. Since the session was completely inside Thursday’s, will then look to Thursday for the levels to key off of. The globex session has been fairly balanced as well but does look like it is in a grinding pattern towards the upside.
Let’s take a look at what to watch out for today and today’s key levels.
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