ES Update

ES negative on the open, sending ES lower in the early a.m. with a short term positive divergence at the lows of the day and now this move with the SPY out of the triangle shows no 3C support. This would usually suggest a pullback in ES, however we still have some 2, 3 and 5 min positives in the market so we may very well see more upside before the day is through, I still view this as a noise move and nothing substantial, although it can most probably be used for tactical entries or exits.

CONtEXT for ES is nearly perfectly in line (between ES and the CONTEXT model)