Buy/Sell line still in buy mode, V Stoch meandering around mid range, go long or be wrong.......
Price pattern on ES since low last Wed (end of W4 I believe) is tough, lots of overlapping waves and no alternation in correction patterns, so on this chart we've either had a whole bunch of 1-2's which means there's a looong way to go on the upside or it's some kind of ending diagonal. SPX chart (below ES chart) however shows a much clearer Elliott Wave pattern since last Wed with clear alternation and no overlaps, also shows real possibility of us being in 5th of 5th. I lean towards that latter interpretation, we've been chugging away now for weeks (8 I think) with no real break.
