Sunday eve/ Monday pre-market ES futures

Monday 7:27 AM EST
The futures moved up to 1028.50. The 15minute chart suggests that ES will move lower from here after breaking 1027, but we will see. 


Sunday 9:58 PM EST
if the 3min is a wedge, then it just broke lower and will backtest up a lil. Also there is a bearish MACD vs price divergence in ES....prices up, MACD hist down

Sunday 9:24 PM EST

right now ES trying to test 1026 again...if it turns down at 1027 this is a possible 3 drives to high failure, unless breaks 1027 highr. Note that the ES nitely pattern could be a bearish risiing wedge not a triangle 3min. Looks more like a bear wedge to me. But it's so early in nite that ES could just range trade 1021--1026. A break of either of those could cause followthrough in the direction of the break.

Sunday 8:14PM EST

Right now there's a pattern in 15 min ES that projects to 998 next if 1026 holds. If 1026 breaks higher then there is more R at 1027, 1031. But, there is also a bullish divergence in RSI/price in 60 minute chart that suggests a break over 1026. It is still very early in the session.


tomorrow's forecast depends on overnight futures action. the SPX 15 and 60min charts do suggest more downside before a bounce up, but ES shenanigans overnight could change all that most ppl do expect  UP tomorrow, but IF the spx  "continues" what it started on Friday afternoon, then  spx will move lower

For SPX tomorrow, it will be interesting to see if SPX stays under 1031. Under 1031 would be very bearish, over 1031 suggests poss 1038/1041.

b4 a bounce up



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