Expect continued volatility today as there is no significant support until yesterday’s low of 1332, and no significant resistance until the Sunday night high of 1356.75.  That could set up for a good trading range.

E-Mini  Significance Level Reason
1365.50 *** Friday intraday high
1362.50 *
1360.00 *
1358.25 ** Fri close-Fri low 1357
1356.75 *** Monday Globex high
1352.50 *
1350.00 *
1348.50 *** Monday intraday high
1343.75 CLOSE
1339.25 **
1337.25 *
1332.00 **** Monday low
1328.75 ** July 13 low
1325.50 *
1322.50 *
1319.75 ****** July 12 low
1317.00 **

Click here for support/resistance levels in the S&P’s top components.