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I have bene watching for an ABC to the upside, but may instead get one to the downside. Target area 85.50ish, but this is just getting eaten up. Brer Rabbit day. That one makes me laugh. Wonderland, Brer rabbit, dance partners...
I have a meeting at 12pm. As is normal lately, I would be at goal had I traded 3 contracts steady, but when the retrace hit harder than I was wanting, I backed down to 1 contract, and have been chunking out tiny moves, each time expecting the push higher, and each time seeing them just salivating over selling at 84.40.
1285 never made it, and technically, the line was 1283.75 - 1286, so 1284.50 may be all ES gets. IF that is true, look out below. That could represent completion of the corrective pattern. But, right now as ES tests support at 1279, what trade is there? Long? Tough call.