**Levels in commentary on prep are mis-typed. They have been corrected below.
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Premise for today is to see if 1066.75 holds. Price has moved off 1129.50 and is making an attempt to retest 1048.75 and 1034.50. Price has pulled back about half way and may get a bounce up off this area. There is some overnight support at 1075.50. This area is the line in the sand for longs above and shorts below (after failure). I expect this to be extended and have illustrated it as an area to work off off. I will be looking for tight congestion just below this area and a break up and through. The next level above is 1084.50. If 1075.50 holds, I will look to get short for an attack of 1066.75 and extension down. Move off 1066.75 looks strong but a good downward scenario would be an extension and fail of 1075.50 follow by contraction between 1075.50 and 1066.75 with a breakout down. I will watch for this.
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