e-Mini S&P Levels
The September e-mini S&P (ES) is setting up for range expansion as is gets close to breaking one of the trendlines that form the current triangle formation. However, this is not a textbook formation, so an expectation for direction is difficult to determine. The trendline levels are the 1291.75 pivot and the 1256.75 level. See the chart below (Source: TradeStation). Support @ 1256.75, 1248.50 (pivot), 1235.25, 1222, 1209.75 and 1204. Resistance @ 1270, 1276.25, 1286.25, 1291.75 (pivot), 1298, 1307.50 and 1321.50.



