9:59 am EDT:  The ES opened near the top of the projected range at 1105.50 and easily pushed through.  This level should now act as support down to 1104.25, below which we would not look for longs.  Ordinarily, we would expect a trend day up, but because of the holidays, we could see the high within the first hour.  1110.50 (combined session R2) and weekly R1 (1111.00) provide a good target.  Shorts remain aggressive, however, until at least 10:30 am and, even after, we would need a good topping pattern to setup up on the short term charts with a small stop.  Also, we would want the EuroYen to  not break its 20 day moving average of 130.444.