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Line Dancing is All the Rage 8/6/20

ES Futures Hourly Chart

This is a syndicated repost published with the permission of Stool Pigeons Wire at Capitalstool.com. To view original, click here. Opinions herein are not those of the Wall Street Examiner or Lee Adler. Reposting does not imply endorsement. The information presented is for educational or entertainment purposes and is not individual investment advice.

This is ridiculous. Absurd even.

I made that comment in the wee hours this morning. The market was trading relentlessly sideways with a couple of bump and grinds. Then it broke, creating what looks like a top pattern. But the uptrend remained intact as of 8:20 this morning. ES Futures Hourly Chart

 

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