Market Predictions for ES Dec-14 - Two Weeks Support/Resistance

Weekly bottom was formed on 15-Oct-2014 which is one week earlier than our expected ES bottom on this week ended on 24-Oct-2014. The price closed well above the critical sentiment level of 1941.50 on Thursday 23rd and continued the move on Friday 24th towards critical resistance lines 1965/1966.

We are looking to buy the dips to 1940-1942 levels and if the price closes above them, there is highly potential for immediate trend continuation of weekly charts towards the projected market top on 7th-Nov-2014