New Fractal Break Needed

A lot of words could be expended, but - at present - the reality of the situation on the ES daily futures is that a new fractal break is needed.

ES Futures - Daily - Compressing

Right now, the pattern is compressing. It could break up as a triangle, or it could break down as a diagonal.

We're just giving things lots & lots of time to play out. So, calm, caution and flexibility remain the operative themes until the market gets more directional.

Have an excellent rest of the evening,

TraderJoe