SP500 reversed from an area of multiple resistance discussed yesterday, probing the MA50 for a 4th or 5th time over the past month, as well as the lower channel of the proposed EDT (Chart 1). Both lines held up, for now.
From a bullish perspective, it's best to shift the proposed wave (b) pullback to the right to accommodate an WXY correction (Chart 2, green).
[815am] ES update-
