$NQ #breakout
We keep patiently watching the completed triangle shaped consolidation that allows bulls to start a new strong leg up:
NQ-mini 240 min chart
We may identify a micro long setup i up, ii down:
NQ-mini 15 min chart
As long as bulls hold NQ over 25,740, the breakout level, the chart will look bullish to me.
$ES #breakdown Traders practicing old time traditional technical analysis based on repeating patterns should spot this: ES-mini 30 min chart
$ES #ES-mini #macro #failure #invalidation Under the straightforward bullish scenario, ES could still push higher in one final, exhaustive rally
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