ES - 1 Hour / PPI Macro in Trade E-MINI S&P 500 FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) CME_MINI:ES1! HK_L61 PPI and Unemployment Claims @ 8:30 AM EST UST Coupon Purchases @ $6.3 Billion ZN has hit .382 resistance, this is important as If ZN is unable to break to the .500 Level, Rates will continue to Grind Higher. The Level's to watch 129.900 - Sell Below remains. VIX - 17.75 is the initial Price Objective followed by 16.85 Price Objective now after yesterday's break. Volatility remains in Orange Crush. See VXX new lows, UVXY Lows. 19.30 remains the Over for the VFX (Jan) The Range Expands again - 4572.50 to 4792.75 220 Handles of Potential Range for the ES. TNX and ZN as well as the VIX should all be watched closely, in particular the VXF @ 19.45.