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ESH5 probes the pivot: BofA Merrill Lynch

Quotes from BofA Merrill Lynch:- ESH5 continues to correct lower. The break of 2099.50 clears the way for 2082.50/62.50 before renewed basing potential. - Bigger picture, we remain bullish with a break of the Feb-09 low …

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Quotes from BofA Merrill Lynch:

- ESH5 continues to correct lower. The break of 2099.50 clears the way for 2082.50/62.50 before renewed basing potential. 

- Bigger picture, we remain bullish with a break of the Feb-09 low at 2036.50 needed to invalidate the bullish setup and turn us neutral. 

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