Today's ES
- Thread starter waggie945
- Start date
Just that particular pivot may not be that important 
The lucky/unlucky thing is that some monthly pivots are also at those levels.
One interesting thing with the S&P is that it seldom stays above its 10 period daily moving average for more than 8 to 9 days.
The usual span is 4 to 5 days.
The distribution is very stable and you can check it out yourself.
Since ES is above its 10 day SMA for a while already, it must meet its SMA soon - maybe pulling the SMA up, maybe close lower, either case will do the job
The lucky/unlucky thing is that some monthly pivots are also at those levels.
One interesting thing with the S&P is that it seldom stays above its 10 period daily moving average for more than 8 to 9 days.
The usual span is 4 to 5 days.
The distribution is very stable and you can check it out yourself.
Since ES is above its 10 day SMA for a while already, it must meet its SMA soon - maybe pulling the SMA up, maybe close lower, either case will do the job