ES still in a decision area. So far it is still unclear whether the move down to 1818 was the whole correction or W1 / AB leg of a bigger pattern.
Structure of the last advance indicates that the latter is more likely to be true.
JI
jimkane
Rep: 3,058
Posts: 33,089
They just want to sweep that so bad. Just get it a little below for now. If it really gives way, that means something different.
JI
jimkane
Rep: 3,058
Posts: 33,089
Last night, right after the European open, I was checking and I was going to post a note that it looks like the rise has started, and that the 'one-day wonder' might be ready to reverse. Here we are, and they made back pretty much the entire drop. Same old, same old. Great for trading, but just sooooooooooooooo stoo-pid.








