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July 2nd, 2010: Update 1 – Pre-Market

Posted by pugsma on July 2, 2010

8:10am EST:  ES Futures traded in a tight range of 1020 to 1028 (1024 to 1032 cash) overnight.  ES is attempting to break-out of the tight down channel this morning arond the 1024 (1028 level).   A successful break out above 1028 (1032) should lead to further gains towards 1042 (1046) today.  On a break down, look for the ES 988 (992) level to provide some support.

ES Futures (7:56am):

ES

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