weekly ES

last year Aug's selling was absorbed, but the recovery ended with new selling.

Jan's selling was absorbed too and market is in recovery now.

currently the recovery is approcaching Jan selling area, we haven't seen selling yet,  it is too

early to say bear market.

if this week's close is below prior week's low with increased vol, we will have inital

change in behavior, starting from there, buying power must resume to continue the bull market

otherwise, hehe...