10:50 am EDT

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ES Trading:  A six point range so far with no remaining news for the day suggests a low range day.  We’re still willing to fade short 1060.50 to 1062.50, but need to see a quick rejection of the area to stay in the trade.  Also, willing to fade long at 1046.50 to 1048.00.  Beyond this range and we don’t pick tops or bottoms.  Ideal entry for a swing long would be 1038 to 1040 tomorrow afternoon.