After trampling over and, ultimately, destroying the bears the entire year, the bulls at least had the common decency to bury the body………only to follow up moments later by urinating all over the fresh gravesite:
Yes, the ES has leaped over its triangle pattern in yet another breakout. As I’m typing this, it’s up over 8 points, and we can expect plenty of end-of-year weirdness in trading today (particularly during the final minutes).
The NQ hasn’t executed the same breakout (yet), but it wouldn’t take much to do so:
Let’s just said summarizing 2017 can be done with a single photo: