ES Update

Anyone who was here from March to May probably recalls the strange persistent negative divergences in ES, I hadn't seen them before and they came right at the reversal area every time and then disappeared.

We are seeing that same thing again, taking with the 3C charts as well as the negative Risk Asset Layout divergences, this is pretty much nearly the exact same scenario as the last 3 major reversals.

 Yesterday this was the second leading negative low in to after hours.

 Scaling makes it difficult to visualize, but that's the negative leading divergence leading even worse in to higher prices at the European open.


And from the European open to the US open.