Has the dip been bought? On the 240 chart it certainly looks like Buyers have held important levels. ES 4000 critical. Lose that and look for 3936 /3912. Right now ES Buyers have to take out yesterday’s afternoon rally high then previous high. Once they do that possible price probe near 4100. NQ held 12191.50. Lose that and look for 11778.50. Hold and I think we could see 13000 relatively quick. Both ES and NQ are in previous day rang and right at value so I am not expecting an easy trade right off the bat unless we can get an impulse move higher. I am not looking for shorts till ES loses 4000 or NQ loses 12191.50. Good luck.
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