Got ED? For nth time. We'll see. Or just setting up to be another ascending triangle. Time will tell.
[7:50 AM Update]
I mentioned in the chat room earlier that 1325 wil be good level to watch. a wedge forming at this level tells me possibly a good bounce is in store.This could be a leading diagonal as well but a sharp retrace is still expected5:50 AM Update
Looks like a descending tri is still valid here.
Pre Market
ES currently trading down 2 and change. The triangle has expanded a little since last night's post. I think we should know soon enough if this is a triangle.
