ES
ES - S&P looking heavy of late, but in a structured move lower, indicating a more considered repricing over panic selling that usually gets bought up. On the upside, we see resistance edging lower, with 6766 interesting, followed by 6815-6835. Below, we see the chance of 6540-6530 being visited as more likely, followed by 6479 and 6408 as longer-term prices to watch.
Oil (CL)
OIL - After the spike high just shy of $120 per barrel and lows of $77.50, oil has stabilised around the $95/$100 mark. The excess ranges seen over the panicked start to the week remain the major boundaries, and the longer the conflict in the Middle East carries on, the more likely the upside is. Support has risen to $82/$83 and should be keenly monitored.