With this afternoon's higher high, there is now a likely diagonal possibility on the ES 15-minute chart, as below.
 |
| ES Futures - 15 Minute - Potential Diagonal |
The questions now are: 1) will it maintain diagonal measurements, and/or 2) will it be leading or ending? Only time will tell.
Have an excellent rest of the afternoon,
TraderJoe
That's what it means to see if it will maintain diagonal measurements. TJ.
ReplyDeleteSPY 1-Hr: unfortunately, the count in cash remains unclear. It is true that there currently are two channels, and it certainly looks like all of the upward gaps have been filled.
ReplyDeletehttps://www.tradingview.com/x/bfOo6hoN/
But either higher highs or lower lows are needed to get a count started. Maybe the overnight will shed some light.
TJ
A new post is started for the next day.
ReplyDeleteTJ