ES_F 1.28 Range overview and possible destinations to look for

Globex inventory is short today and we are waiting to see what will RTH bring us. We have 4 days of trading and inventory trapped between 4270-4380 with no upside. Every position that was built down at the lows has been taken up, sold and then price drops because there is more supply coming down, trading is all about the supply because demand is created. If there is supply after all the buy orders are filled the price goes down and right now we have a lot of supply still. Its month end so games will be played but levels we are watching today are 4272-4265 as Key Support if we break and hold under can see 4252.50-4247.50, 4234.75-4229.25, 4220-4215.75 and if we get further extension and sell off can see 4190 - 4170 - 4140, On the upside we have 4327.25-4321.50 as our Key resistance if we break and hold over can see 4349.50-4345.25, 4362.75-4359.50 and 4378.50-4374.75 But keep in mind that we have supply and can just play level to level but better entry locations are at Key levels.