Markets very weak this morning as ES is now trading below yesterday's lows. The negative reaction is in response to yesterday's FOMC minutes in which members suggested that the timing of the removal of existing accommodative policy could be moved up from the existing late 2014 date if significant improvements in economic data warrant it.
European markets also lower as Spanish bonds yields at highest level since November of last year.
Levels to Watch today on the ES:
Resistance above at: 1399.50-1400.50, 1404.50-1405.50, 1408-1409
Support below at: 1394.50-1395.50, 1389-1391, 1384-1385
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