The ES oscillated between 1115 and 1135 overnight and is now just below 1130, so up a few points after yesterday's close.
This can go either way today imo. Another sell-off down to 1100 or if 1135 gets breached we may see a rally to 1150. This could then be seen as a right shoulder of a big H&S, with the left shoulder in Jan 10 and the head at 1220.
But let's see first what we get today... expecting quite a wild day.
