ESH10 – E-Mini S&P (Last:1109.50)

In trading Sunday night, the futures were frolicking above the midpoint resistance shown in the chart, but they’ll need to close above it on Friday to significantly shorten the odds of an easy finishing stroke to 1167.75.  More immediately, a push above a minor Hidden Pivot midpoint at 1111.25 — a tick above Friday’s high — would open a path to at least 1117.25. DaBoyz are unlikely to stick their necks out overnight unless there is news enough to slap shorts around with impunity, but if they can keep the chop shallow in the meantime — above 1103.00, say — goosing the futures to 1117.25 at the bell should be a piece of cake.