Top of the Range

Today's trade defined the top of the range for this market.  We have a lot of willing sellers at 1150+ on the ES, and that should be a good spot to sell in the coming weeks.  I have my doubts now about us getting to 1200, we are expending a lot of energy around this 1135-1145 level.  I don't expect any extremes in this market so the new range should be 1120 to 1150 for the next week or two.