e-Mini S&P Levels
The September e-mini S&P (ES) continues to have us thoroughly confused after 2 days of confounding action. It’s odd to see that there are no edits to the support and resistance levels from yesterday morning. Was an attempt to retest the 1291.75 pivot (1290 high yesterday) key to the upside exhaustion? The (lack of) employment numbers did nothing to help resolve the issue. If ES does manage to get above the 1291.75 pivot, it looks like the next target is 1321.50. We are now watching a trendline connecting the lows from 7/15 (1200.75) and 7/29 (1231.50) – 1241 today. Support @ 1270, 1256.75, 1248.50 (pivot), 1235.25, 1222, 1209.75, 1204 and 1190. Resistance @ 1276.25, 1286.25, 1291.75 (pivot), 1298, 1307.50 and 1321.50.


