ES Morning Update February 21st 2019


Over night the SPY popped higher to 279.63 to hit and pierce the FP, but the futures are now back down below it now. So I don't know if a hit afterhours qualifies as being "fulfilled" or not? Maybe they run it up after the open again? Just don't know? It's 50/50 on whether or not the FP is "fulfilled" at this point. If so then we should start our first smaller wave 1 down today and back up on Friday for the wave 2 up... thus setting up next week for an ugly move down to start. I'll add more updates in the chatroom if needed but that's about all I have to add this morning.