CME_MINI:ES1!   S&P 500 E-mini Futures
Another day of earnings and uncertainty. Nasdaq made higher highs after earnings reports after market close. Dow lost some of the gains made on Tuesday. This has left S&P a bit flustered. There is no clear directional bias on intra-day. Overnight price action, particularly during London, held in a very narrow range. Maybe those in the know, know something retail doesn’t.
However, I maintain a upside bias, as I believe the market is taking a breather before it takes out the recent highs before coming down to fill imbalances created earlier this weak. The price went up on very thin volume on Tuesday. I think the bears are waiting around the 44-mark.

The big guns are accummulating!


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