ES had a balanced morning session yesterday, broke the IB high but failed to push into the singles above. The singles in the 7440’s were quickly taken out as ES opened in that area. The smaller set below 7430 were then hit in the afternoon session, as ES finally tested the lower edge of the balance. ES was unable to push past the mid at this point and then eventually broke to the downside narrowly missing settlement from Friday.

The globex session has attempted to grind back up again and currently is hovering around the TPOC from yesterday.

Let’s take a look at what to watch out for today and today’s key levels.