Today's mini crash fill the early march gap in may indexes. While Chart 1 tracks numerous near term possibilities in SPX, the lower lows in NDX brings up an interesting bullish count that is worth noting, namely a bullish triangle prior to a final push higher. (At the same time, today's (marginal) lower low in SP400 presents a challenge to this particular count).
This particular bullish triangle is illustrated by the BLACK count in SPX and the GREEN count in NDX. See charts. Also note the ABC/zigzag-like structure in the RSI in these charts.
[745am] ES update -
ES kissing the trendline. See charts.
