The ES daily swingline indicator currently has a lower low and now, today, a higher high bar against the 18-day moving average as in the chart below.
So, a flat or more extensive combination off of the low is still possible. The daily slow stochastic is still in over-sold territory. It feels like "summer quiet" and like someone sucked the energy out of the market.
Have an excellent start to the evening,
TraderJoe
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