The Path to 2016

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I have very little else to say about the market (and I’m about to prove it!) I’ll just close out the day by remarking that the intraday ES, shown below, calls for a drop to 2016 before the year is out (which would be kind of fitting, since that’s obviously also the number of the year itself). The break-and-retrace is picture perfect, but we must slice below 2100 to really get our game on.

1017-es