All the headlines are coming in about the bull market being on right as ES enters the pocket. I consider this to be a corrective wave. Is this the time to be contrarian or double contrarian? Time will tell. Inflation has been stubborn, fed rate hikes will likely continue, I've been telling people for a long time that this recession has been too-well anticipated...
Looks like the B wave correction is fitting nicely into a pitchfork. Looking for a C wave down from here.
In addition to the pitchfork I posted earlier today, it should be noted that the potential B wave perfectly back tested a HTF log channel.