As Yellen Testifies, So Goes the ES... Higher Of Course

Thirty minutes into Yellen's testimony, the e-SPU appears to have completed a "micro" digestion period off of last evening's high at 2107.50 into the 2099.50 area, and has turned up into a new upleg that is on the verge of taking out the 2107.50 high in route to my next target zone of 2125/30.

Only a break below 2099 will indicate that a more pronounced corrective sequence is in progress.