ES Futures continue to act as expected

Mon 7:19 AM

ES futures actually continue to act as expected. ES hit 1032.5 and slowly declined all night to hit a low of 1024.5.
As long as ES 1023 holds on a CLOSING basis in the 15//60min charts, then the Bull Flag remains in tact and we would expect the ES to re-test that 1033 and then go to 1049 if 1033 holds.

A hold at ES 1026 instead of 1023 is also possible and would show even more strength in the ES.

We still have 2 hours until the 930AM open, so lets see what develops. Again, if ES near the support then possibly I might take long entries in SPX SSO and then reverse to the short side. We will see.

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