I know this may be taken as political but I could not help but notice the Senate vote on Immigration was 68 Yea to 32 Nay. Yes I know Fibonacci is 61.8 and 38.2 but hey this is politics and that could only distort the beauty of Leonardo's mathematical relationship.

is that trend line from the 1560 low?....internet problems and don't have my charts at the moment

What charting platform are you using?

lines up with 6/7 low

$SPX in the 1615 give or take zone. Futures within 6 SP or so points of that ES Sept contract low 1616 cash about 6 points above that. 1615 cash being the Nov to now uptrend line.

meaning ii....1630 and we are there

wave ii at 1630 has not yet been violated by this dump so a wave iv tho deep  stiil keeps up in play...i.e. a bounce

The market is going up because it can. Or maybe better put while it can. Ever since that reversal around 3PM yesterday it looks like the algos were reset to up and even the overnight futures have done this now familiar slow grinding levitation. Up is so easy and comforting till it's not. Everybody likes up. Everybody's making money up. With just a few adjustments to the trend lines not much has changed.

ES bounced at 1622 relating to cash that's probably closer to the what it may be. We did get a bounce at 1628.63 which was very close to cash pivot and we are roughly 6 lower on E mini.

for today I have 1624.75 am I close?

Any member trading ES the Sept contract if you could just post a chart with pivots I always get some strange numbers when I join the contracts. Thanks

and since we are very close to rollover futures =$SPX

1617.5 will they!!

From 1648 if they lose it the arrow points down imo

all the way to R1 unbelieveable

Perfecto retest of the broken 30 min wedge from last nights newsletter at 1617.10