Today’s news slants toward the bearish side – The sharp overnight downturn is a reflection of market sentiment – I still have a short side bias.
Support and Resistance:
ES ZB
R4 1324.50 115.11
R3 1320.75 114.30
R2 1317.50 114.22
R1 1312.25 114.12
PP 1309.75 114.02
S1 1306.00 113.28
S2 1301.50 113.19
S3 1294.50 113.12
S4 1291.50 113.03
Today’s Reports:
GDP 8:30ET
Jobless Claims 8:30ET
Existing Home Sales 10:00ET
Tomorrow’s Reports
Personal Income and Outlays 8:30 ET
Consumer Sentiment 10:00ET
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