ES ended its winning streak today. Range was 11.25 handles on expanding volume.
Here is one way to view structure. It's likely incorrect, but wtf.
We printed 1081.50 in globex on a big gap up. So, it appears that (v) did not end at the 1076.25 H (pit session).
Notice the box, which is showing perhaps the best 5 wave structure on the whole chart. Beautiful alternation with the 2 and 4 waves. But these days 5's are 3's and 3's are 5's.
Who knows, maybe by pit open they have price back under the wave 1 price extreme. Not counting on it though.
I have really lost interest in this market over the last few months. I will likely stop updating it on an everyday basis.
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