- We’ve gotten through the inverse neckline today, which is good
- We are backtesting that neckline now, and
- It’s a reasonable place for a nested “2” (green arrow)
- BUT: we have yet to recapture the green trend line that cuts across the screen (a bullish close might fix this)
So, if the bulls are going to take over, this is a good place for them to do so
One thought on “Quick $ES Update”
Keep up the good work!