April 16 ES Action

Below is a chart of the ES for April 16, 2013. I have drawn in the S/R lines that were published last night in the market update I send out real times subscribers. As you can see from the chart the low of the day came in at a Res area turned support. You can see how the market then ran up to the the 1562 area and stalled out there which was a resistance area listed. Once we broke up thru that area it acted as support as the market ran up to the next resistance area published at 1588-1588.50 where it formed a double top and came back down to test the 1562 area again where it bounced eventually taking out the 1568 area. Once the market turned into a trend up mode I am expecting the resistance areas to be broken and then turn into support for the market. Exactly how it happened today. Imaging if you had these levels up on your chart before the market opens!!! Check out the chart below.