ES Morning Update October 21st 2020


Not much to add that hasn't already been said. The market is just walking down slowly in this medium wave 2, and the smaller waves inside it are once again getting harder to figure out. It still looks like a bear flag to me, so bulls need to turn it back up asap as time is against them. Unless some kind of good news is released odds are that this bear flag will play out today. It's still a very controlled move down, which doesn't really surprise me with everything on hold until the election is over with. Anyway, I'll keep today's update short and end it here. Have a blessed day.