ST: As mentioned in yesterday’s note I had projected a minimum 3860 before selling imbalance could be exhausted. ES did briefly test 3860 during RTH and rallied. I’m now expecting the minor control at 4148 to print before 3860 prints again but I’m not looking at longs, even ST, unless 4148 is exceeded. Currently, not looking at new shorts unless 3860 is tested again.
LT: weak below 4353.
