ESU09 – E-Mini S&P (Last:1019.25)

The futures are off a couple of points Monday evening, but they’ve already divulged buying interest by trading a full point above the 1022.00 midpoint resistance show in the chart. If they should break decisively above it on Tuesday, that would signal upside potential over the near term to as high as 1053.00 — equivalent to a 250-point rally in the Dow.