For a change, I’m actually looking forward to the weekend. It’ll be nice to wake up and not worry about the ES is doing. All the same, the market will return on Monday, so we might as well eyeball a few charts. I’ve decided to look at intraday charts this time, and in simple line style, to get a different perspective.
Interest rates have been strong most of July, but so far, this could just be another “lower high” in a pattern that has been in place for many, many years.