eMini S&P 500 post-close commentary and overnight support/resistance

Though the ES was not able to break morning highs of 949.00 and run stops, the close was not too weak.  Shorts want to see 944.25 hold overnight.  As day-session-only points of control (red line extending right off chart) often serve as overnight highs and lows, 943. 50 could be it.   If the ES breaks above, there is a R1 confluence area right around today’s highs, which should hold.  We expect 934.50 to hold overnight for the longs.

esm09-6-2-09o

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