Emini S&P 500 (ES): Holding Pattern Ahead of Tomorrow's CPI Inflation Data

ES-- Now that the election results failed to move the market "needle" in any significant way, if I have to venture a guess, I would say that equity traders and investors are in a holding pattern ahead of tomorrow's CPI inflation data, which will return us to the reality and/or horror of gaming the Fed's forthcoming trajectory of its historically rapid rate hike cycle. 

My attached Hourly Chart shows that the ES price structure is contained in a range between 3792-3800 on the low side and 3860/68 on the high side. Whichever side of the range is penetrated will trigger the potential for a directional move EITHER to 3750/60 in route to 3705/25 OR to 3900/25, and if taken out, then possibly to 4100... Last is 3830.75

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