Hello everyone. Here is the morning prep for today.
The ES has been trending down for the past couple days. I am looking for an inside range to confirm between 899 and 912. Fairly simple premise is sideways and watch for the breakout.
If inside support breaks look for a test of the 882 area where there is major support. If inside resistance breaks, look for a run back up to the highs.
The 924 area is key today. If that holds, we are still trending down and possible rolling over for a significant downside move. If 924 breaks, look for a retest of the 950 area.
Good luck trading today.
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