Channel break out over 1375.75 converted into a trade of 1378. QQQ followed along up over 1 percent currently..strong commodity reversal. Markets were playing possum. Same pattern different day. 

5 min ES

New channel - 1371.50 - 1375.75 - above 75's we break higher.. below 71's we test 70's. Euro is curiously weak against the greenback, putting the kabash on upside for the moment.  Commodities are higher bolstered by positive data out of Germany, Copper nearing the 3.9 level; on it's way to 4.

5 min ES

1 hour ES