Watching the dollar today as it has now formed a swing low, which should last 3-5 days. I want to see how oil and gold react, but so far no major pullbacks.
ES trading has stayed in this 1300-1330 range for 2 weeks now and it appears we will continue with that until the dollar swings back down.
Levels on ES for today:
- R2- 1337
- R1- 1328.5
- S1- 1309
- S2- 1297.5
Trade ’em well today and trade the extremes.