BengalTigger
Long

ES: Wash, Rinse, Repeat Update

CME_MINI:ES1!   S&P 500 E-mini Futures
ON 30/12 I had pointed out a potential IHS and mentioned that failure at levels in the 2520's could send us down to the 37-40 area though the 46-50 area should hold. That is exactly what we got. The first downdraft held at the 46-50 area and the AAPL news got us down to 2440. For now, immediately, the 2517-2518 area should act as support. A break of this could potentially target 2508.50 and a failure there to 2499.5. In any case 2481.25 and then 2475.5 should put an end to a deeper PB . Below that, for now, it would appear something else might be afoot. So to keep it simple, lest say above 81.25 is still good for continued upside
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