A string of important support trendlines on equities were hit at the lows yesterday. On SPX the support trendline from the Dec 19 low was tested. That may be the lower trendline of a rising wedge but the upper trendline lacks a third touch to confirm it:
Other things to note on this ES chart are the little H&S target in the 1380 area, not marked here but I posted it yesterday, and the double-top target in the 1353 area on a conviction break of 1386. There is also positive divergence on the ES 60min chart IF ES reverses back up here:
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