Once again the ES continues time-framing up on the weekly. Not since the end of March have we had a down week, will the streak continue?

Friday, ES had a gap down and was unable to close the gap. Most of the session was relatively balanced, and an attempt during the middle of the afternoon session finally broke through the IB but fell 4 points short of closing the gap.

Over the weekend, the globex session opened with a gap down and broke out of that to the upside with some positive Iran news, however we will see if that is enough to bring the bulls back in charge.

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