Couple of $ES Technicals that Support a Monster Bounce

I know it’s painful looking for a low, but markets don’t go in straight lines forever, and technical developments continue to point to relief:

We have the 250-EMA on $ES right with us now:

ES

We have an excellent length relationship between the legs of $ES‘s move:

ES

And it’s diverging excellently on the hourly. Also, Bitcoin is at my red line (5th chart from here).


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