Daily commentary

ES & silver

$ES remains within an approximate diamond chop zone. Today the bull/bear key is 5207.75, which is the top of the daily channel. There is immediate resistance at 5215.25 (descending hourly) and 5216.50 (important). A close above 5216.50 could take price to top of diamond which is 5222.25 9am hour and that comes down over time. There is support below at b…