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$ES_F now that the 2800 confluence with the 200dma held, keep an eye on action around this 2880 mark. As discussed, this is likely, the bull/bear line for a move back higher. Today's daily close is going to be KEY.
Remember that during all these recent ramps/strength, the $RTY_F has continued to lag and has remained a reason for concern. It remains a key piece of the puzzle and formed part of our thesis to play for this correction that just took place.
It's also at a key bull/bear line but the 1500/1600 zone remains a massive chop area. Any broader rally that does not see $RTY_F hold above the 1600 mark remains suspect.
And as we said a lot of indices across the board, dax, eur, cac, ftse etc are also trying to stabilize at key technical levels
In terms of shorts term action into the open and post the usual time windows today keep an eye on action in $JNK
And don't forget that to see a proper ramp going, we need to see the big guys showing up. In this respect, one of the most charts to watch unless you are looking at your market minder, remains $FANG
Wishing everyone a great day ahead!
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