S&P 500 (intraday)

Solid resistance zones are shaping up on the ES 15M chart.  There is a potential butterfly sell set-up around 1191-1192; a solid fib cluster of resistance ~ 1194.25-1195.50;  and an even stronger fib cluster of resistance ~ 1196.75-1198.50. 

Market is in a bullish mode on weekly charts, but consolidation on daily charts.  It's a battle of bulls and bears right now to new short term direction.  Today could be a good indicator on who will gain control.  So far the bears are setting a strong defense from 1191-1198.  Let's see what happens.  News out @ 9am cst.