Morning Update - ES & NQ
The S&P 500 Futures (ES)
The daily chart of ES illustrates that it is in an ascending triangle pattern. So far it is an inside day. Perhaps ES will get a breakout to the upside today. Stochastics are bull flagging.
Nasdaq Futures (NQ)- NQ Daily chart
Nasdaq Futures have failed on the first attempt to cross the down trend line are at 169273. Perhaps NQ will cross the down trend line today. Technology is just a tad weaker than the SPX and the INDU.
