The E-mini S&P 500 futures (ES) are currently facing significant resistance levels, particularly between 6120 and 6125, which traders believe must be breached for any potential rise towards the year's highs of 6158 to 6170. Recent analysis indicates that the all-time high (ATH) of 6111 is considered weak, lacking sufficient excess, which suggests it may not be a sustainable level. As of December 9, the market has seen a decline of 30 handles, indicating a downward trend in trading activity. Traders are actively monitoring these resistance points and the upcoming Consumer Price Index (CPI) and Producer Price Index (PPI) reports, which are expected to influence market dynamics significantly.