This is my daily preparation for S&P futures (ES) trading and it is for your educational purpose only and definitely cannot be considered as financial advice. There is a substantial risk in derivative trading and it might not be suitable for you. Don't rely on past performance as it is not indicative of future results.
Today I expect the market to try to accomplish yesterday's target of 2402.25. Yesterday we broke our June's range with significant volume of 1.8 million contracts, which might be significant motivation for short term sellers to accomplish this target 2402.25.
However, if today we will open in the mid of yesterday's range, than yesterday's bottom and high of US trading session might be the range where we will be trading. Within yesterday's range we have following prices that will perform as support/resistance 2407, 2413, 2418.75 areas. The fact that it is Friday, levels formed by yesterday's range might be even more important than 2402.25 target or initial reaction at positive Nonfarm Payrolls number, but slightly worse than expected June's Unemployment number (4.4%).