Today's Pivots

R2= 1149.40
R1= 1134.80

PIVOT: 1127.15

S1= 1112.65
S2= 1104.95
S3= 1090.45

 

Thus far, the rally back has been unable to get above the June ES Pivot at: 1126.05 showing a high for the session so far of 1125.25


Should the market get above the Daily Pivot, we could very well see some buying and short covering that takes us back into R1

First resistance occurs at: 1133.65 (R1) for the day.

 

1132.70 = R2
1118.50 = R1

1111.00 = Pivot

1096.80 = S1
1089.30 = S2

 

1131.65 = R2
1124.90 = R1

1113.00 = Daily Pivot

1106.30 = S1
1094.40 = S2

* S1 hit at 11:00AM EST., and should provide a bounce.

 

1125.20 = R2
1115.10 = R1

1108.40 = Daily Pivot

1098.30 = S1
1091.60 = S2

 

1127.20 = R3
1120.10 = R2
1115.20 = R1

1108.10 = Daily Pivot

1103.20 = S1
1096.10 = S2

* Note: A close above 1122.00 in the SPX would take the market out of a Bearish Bias and into the "Neutral" Camp.

 

1134.20

1128.40 = R1

1118.90 = Daily Pivot

1113.05 = S1

1103.60 = S2

* If unable to close the lower opening gap, look for the S&P to test the S1 at 1113.05