ESZ14 – Dec E-Mini S&P (Last:1954.75)

Yesterday’s mild reversal gave bears a running start in after-hours trading, but they were struggling hard to make good use of this gift as the night wore on. Indeed, merely breaching the 1951.75 midpoint support of the pattern shown seemed more than sellers could handle. I expect them to overcome their fear and timidity by Tuesday’s opening, however, and night owls should therefore position from the short side, with the further goal of reversing the trade at 1941.50, tightly stopped