1:10 pm EDT:  The ES has traded over both the weekly and monthly R1′s and has shown no weakness in price or internals.  However, it’s not providing much trading action as it is steadily grinding higher at the rate of a few ticks per 30 minutes.  If volatility picks up after lunch, we’ll look for longs around 1083.00 to 1084.00, but would be cautious if it trades below 1081.50, not wanting to get trapped long while being overbought on the short term charts.