Hourly coiling across this week's big level

So far we see just some light diamond-esque consolidation for the indices with last week's laggard, $RTY showing the most relative strength early morning. Preopen $ES is right on the 7190.50 weekly key (equivalent of last week's 7183 big deal), so that is key for today. Weekly overhead R 7216.50. On any decline $ES 7160 support and hourly pennant breako…