Many of the stocks and indices I follow are sitting right at resistance, as is ES this morning.
AAPL has reached our target at the top of its falling channel…
…DB is bumping up against the TL from Jan 2018…
…and BA is within striking distance of the channel top at which it failed yesterday.
With VIX having reversed yesterday’s breakout and slumped back below its SMA10, the writing is on the wall — but, ES hasn’t yet broken out. Why not?
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