There are red channels on the hourly charts of the ES fucutures. Are they going lower this morning? Doubtful. 2-3 day cycle projection 3895 is only a hair below levels they’ve reached so far. 5 day cycle projection of 3900 was done.

But they need to clear 3920 to be out of the woods. Otherwise should get into at least the 3880s later today.

This is a syndicated post, which originally appeared at Stool Pigeons Wire at Capitalstool.com. View original post.

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