AH high @ 1331 tagged. Let`s see if we can take out yesterday`s high as well.
Friday`s high @ 1333,75 is also likely to be tagged, being this close.
I`ll stay on the sidelines until we get there and see how price behaves there.
A failure to reach those levels might be a good set-up for a short.
1330 will probably serve as support.
1328,5 might be minor support as well, since it is both the 50% of yesterday`s range, the pivot point and the cash close.
ES, NQ, YM, moving together. TICK also suggests buying pressure this far.
It`s interesting that 31,75 is a 100% expansion of the opening range (1st 30 minutes). Credit goes to Lawrence Chan and his STOPD levels for this.