07/15/2013 ES Support and Resistance Level Recap

I had hope that volatility would pickup today as we had Retail Sales, Empire State Manufacturing Survey, and Business Inventories this morning to give the ES reasons to either move through the all time highs or sell off.  Unfortunately Retail Sales and Empire State came in mixed and thus provided little direction.  Also, with Bernanke testifying before House and Senate committees on Wednesday and Thursday, the stock markets continued their summertime doldrums.  There was no order flow opportunity to trade.  With a 7.25 point range and only 2 DTG levels touched, not much happened…