SP500 is retesting the prior breakout area, now resistance (Chart 1). As stated earlier, for both bearish and bullish counts, there should be etter form if there's another drop. Let's see if one comes. Chart 2 offers a squiggle count from the recent low.
[1235pm] SPX update -
For both bearish and bullish counts, there should be etter form if there's another drop. Let's see if one comes.
[640am] ES update -
See charts and yesterday's EOD update for discussion.
