(Weekly ES Chart Didn't Load in Regular OP)
Here's the ES chart layout again, for those interested.
S&P 500 — ES
Friday was fun. We were watching the prior week’s low near 4060 to see if we could “test/crack this level and reclaim it for a bounce” and that’s exactly what happened, as the ES bottomed at 4055.75 and closed higher by more than 30 points from that point.
So far though, the charts remain largely the same. That is to say, trapped between 40…