ES-- Calm, Complacent, and Slidin', Traders Await the Upside Reversal Tweet

While everyone calmly sits around on a beautiful Summer Friday, secure in the knowledge that a positive tweet or comment will be forthcoming shortly that reverses the markets, and makes everything just fine, ES is down 35 points and 1.2%, hitting a 2916 low so far, which happens to be my first downside target zone.

If no bounce materializes, if no tweet turns this AM's action into a two-way trade, then ES will point to 2880 next... Last is 2918.25/50

8 02 ES 4 hr 1040 GIF
8 02 ES 4 hr 1040 GIF

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