Earlier today in the chat room I was looking for a 9th wave for ES. Well it looks like we may get it in the form of a wedge, which would be fitting for the end of this leg.
EOD Update
60 Min
I haven't had a chance to drill down the squiggles, but it may be pretty close and in fact, the 5 min chart below has one option for that. It is possible the move at the top there may be setting up a flat so we'll see what tomorrow brings.
Minor 4 Triangle
This is still my primary count.
Here's a bullish channel I'd been watching along with the MACD trendline. The trendline was broken thru last week.
If history repeats, this is a pretty similar looking pattern.
If history repeats, this is a pretty similar looking pattern.
