After trading above 2000 for multiple periods Friday a late day break took the ES down to just a tick below the previous day’s close at 1991. Friday left a poor low,  just a single tick of excess, in addition to Thursday’s 3-wide TPO poor low at 1974.75.

The markets are still heavily influenced in crude. Failure to find acceptance below Friday’s close could target 2014.50, the previous high from Jan. 5th and 2030.00, the bottom of the unfilled gap from Dec. 31st.