After House cleared the path to another promised land, a no-filibusterer tax reform seems like any madman's wildest dream (but that's good for all classes) has finally turned more real since way back when...
Real time chart of 2000 US small biz futures sez YAWN! Been there done that! (Really that easy!?)
1min offered a chance to at least a short term short. How short term or how short? is as abrupt and loud as a dare devil's laugh can go, LOL! 😅😅😅😅 Do I hear TOP from anyone?! This chart maybe building a 'cup w/handle' at the moment, if you look through bull's eye. VST view is bearish, a descending triangle just opposite to ES VST's ascending triangle.
ES new all-time high in parabolic 5-min move hit a solid ceiling 2549.25 five times... no let me count six times so far at posting time, how solid is that ceiling? An ascending triangle has 70% to BO that ceiling; when it can't BO upward instead BD downward then we'll see the bears are awakening.
Which one is the leader now? RUT is weak and weaker than ES. So will SPX carry RUT over the hurdle this time? few more candles is all we need...(surprise I was allowed all this ample time to compose without edit the content, LOL!)