A move back above 1404 would put the momentum back in the bulls court. I doubt we will get up there up today, but its possible. At this point, the es has completed a lower level 5 wave move at the globex low and and we should see at a minimum a rally up to the 1396 area. We may open up and retest the area again 1384-1385 and then move up. This would be a key test.
Nice resistance on the er2 coming in at
778.70-779.30
781.50-782.50
ES resistance coming in at
1397.50-1398.50
1400-1401.50
1406-1407.25