We broke upside but overnight, so I'm still calling this 'unresolved'. The overnight moves are mostly as a result of a little craziness we saw in the markets (especially Crude) during the OPEC meetings.
Volume overall was low yesterday, so another reason not to buy into this spike up overnight.
- Watch for a move down off the open if we haven't taken back the overnight gains
- look for an early trade
- expecting low volatility until this top is resolved, no bias until that happens
- A wait and see day
Range - 2378.25 -> 2412.50
Value - 2383.50 -> 2402
S1 - 2354, R1 - 2407
Range - 2394.75 / 2396 -> 2404
Value - 2397.25 -> 2400.25
Globex 2401.25 -> 2412.50
Settlement – 2402
Long Term Levels - 2178.75, 2129.50, 2099.75, 2084, 2078.75, 2000.75, 2400