The bears are very much in control and the media has done it’s job of scaring the public. This is still very much short the pops . However, that close on Friday was very interesting.
Nothing is really jumping out saying “do something” However, $nymo is -100 and daily stochastics are oversold It will be interesting to see how long that last.
Daily ES chart
This chart is YEARLY volume profile. The pink line is most traded volume for the year. I am not a year trader. I find this interesting to look at as a study in why prices stop sometimes.