Yesterday opened at 2127.00, which was the prior day settlement, and tested higher to 2130.00, which was the prior week VPOC (see below), and rejected it quickly. Market internals were not overly weak despite the bulk of trade taking place below the prior day's low.

Overnight the market has trended higher with the range currently 2120.25-2139.75, pushing up against towards longer time frame resistance. Holding above the 29-31 zone puts shorts offside from yesterday, but holding below there could see retest of yesterday's low. Breaking above the 40.50-42.50 zone puts the 51.25-53.75 zone next target.

Updated zones for today below: