ESU09 – E-Mini S&P (Last:993.00)

The futures looked like they were consolidating yesterday for a push up to 1024.25. Midpoint resistance is at 1011.25, but there is also a minor peak recorded there Friday on the way down. My hunch is that any rally capable of exceeding this resistance will not provide much camouflage for entering with the trend, but there’s where I’d look to do so. _______ UPDATE (11:17 a.m. EDT):  The futures climbed to exactly 1010.75 before diving in mock despair. I hope you showed more imagination than I, perhaps  finding reason to get short at the high rather than taking for granted, as I did, that the resistance existed only to be conquered.