Tuesday’s trade was wild and somewhat unexpected.  The ES initially found strong buyers during the Globex session which pushed the market back towards resistance at 4358.  Once the U.S. session got underway the buyers were again strong and pushed the ES to the session highs again at 4358.  As I discussed in last night’s update the ES had begun the process of tracing out a minute 4th wave bounce.  Today’s high has been marked as the completion point for minute wave 4 with minute wave 5 now underway.  Within wave 5 it appears that the first and second waves are complete and if this is the case the ES should drop again tomorrow in wave 3 of 5.  Support to complete the move comes in at4217 to 4214, 4185 to 4165, and then 4117 to 4114.  The completion of minute wave 5 would also then complete the larger Minor wave 3 and then set the stage for a somewhat larger Minor 4th wave bounce.  Once wave 3 is complete I’ll add the retracement levels for the expected 4th wave bounce.