The es failed in the morning from from 2824.24 ( HOD) and found a low at 2802.5 and bounced all the way back toward the highs on the close. The XLF held in during the mid day selling. There is res above 25.75 and then 26.25-.17 area. The semis remained heavy making a new weekly low at 103.99. Tomorrow we could see window dressing into quarter end. The es range for the week is around 45 points from the high of 2835 and a low of 2789.5. The NQ range is around 171 points with a high of 7447.5 and a low of 7276. So things are tight and choppy going into Friday. We are still close to the year high of 2866 in es and 7544.75.

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