Well, it’s obviously a bit disappointing: last night, during dinner, I glanced at my iPhone, and out of the clear blue sky, the ES plunged from +3 to -10. It lingered at a loss of about 8 points for a long time. When I clicked on my bedside iPad this morning, wondering how low the ES was – well – a twenty-point reversal (for no particular reason at all) had taken place. Looking at the daily ES, it actually makes a lot of sense, given the retracement to the pattern’s neckline. All the same, it’s a tough way to start off what is bound to be an emotionally-trying week.
