The NQ_F and CL_F charts have expanded well into break out areas but are sitting very close to resistance. The ES_F has faded into a retest of solid support.
It seems unlikely that the charts will fade to the bottom of the range from here, but instead, bring us into higher lows -keep your eyes out for a loss of clean support lines building.
I will put out an update at the day’s end to evaluate motion….we could be close to a bigger breakout, before another retracement, so we need to be very cautious shorting on the swing in anticipation of breakdown motion.
More to follow