ES Morning Update February 21st 2018

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Not much to add this morning that wasn't already covered in the weekend update, yesterdays post or in the chatroom. We are still on track for a move down into Friday. This move down could just continue as it has currently, which seems to be a slow drop, or change up some and have a quick bounce and then drop again. It's unclear which but a fake out rally is certainly possible here. So I'll keep this update short and will post additional charts in the chatroom if needed, but right now it looks like a slow move down into Friday is the plan. For the "when" part on the small bounce (that's if it happens) I'd estimate tomorrow based on the rising black support line coming into play by the close today.