The ES stopped at 2007 doing a great job hitting stop loss orders.


A stronger resistance is between 32 and 44, I guess.


But before that, I would suppose a correction to low 70s.

I am thinking any long side must come with some pretty decent confirmation because this just can't seem to show any signs of anything but weakness. My experience, in the machine age, is that the machines just get the command, and it explodes, no signals at all as far as you can feel it building up. I am waiting for that in here, but suspect, as is frequently the case, they will just come out of nowhere when ready. I am wondering, though, if I'm just totally off on this. It sure does look ready to drop any second...

The reason I am suspecting the machines is because it simply isn't selling. Usually when it sells, it sells. They can't sell it. After enough of that the machines have always gotten their orders, and I can't go on anything except what I have seen time and time again.

They got the TL, if by nothing but a fraction, so I am ready for the long to possibly start.

Call me crazy, but I'm triggered.

It's super-early, minimal confirmation, and now right back to that price flow which it has failed at over and over. This is ideal if it can get it this time. If.

No way it doesn't take out the price flow this time, in my opinion.

And it just did. Now we see if it's just a game, or a real move. I think the real move is now under way.

A backtest would be very cool here.

Low to mid-90's would be where I would expect it to go if anything gets started.

Note the backtest right here of that first TL, so of this is just blowing off some steam and trying to suck people in, this is the first spot.

they put it exactly where they had to put it into the close, where (5)=(1) at 2022 spx and 202.77 spy