ES In High-Level Digestion Zone

PPI came in in-line more or less, but after yesterday's screaming vertical upmove, the data are not impressive enough to extend ES on the upside... That said, however, as long as nearest support at 5555 remains intact, the upleg from yest's low at 5412 remains in a very high-level digestion zone 5555 to 5580 ahead of upside continuation.

Conversely, a press beneath 5555 leaves ES vulnerable to a deeper correction of yest's vertical upmove that points 5520/30 initially, but could test the low 5500 area prior to pivoting to the upside again... 

Only a break below 5495 sets off alarm bells for the upleg off of yest's low at 5394, aborting upside potential toward 5640/70...Last is 5565.25