Subscription: Access to Micro Counts of US indices
ES the bearish setup is alive
The rally off the low made at 2,820.75 last Friday looks ugly. Exactly how a corrective wave b up is supposed to look. It stretched to 2,841.25 but could not reach to the top of wave iv up (2,842). As long as ES stays under 2,842 I maintain my bearish bias and expectation for another drop in wave c down.