I wanted to share this chart of ES from the July 13th thrust to show you what might be setting up here over the next 10 days or so. On the 12th we had a powerful close that put our other indicators, the ZB and New Highs in much the same state that they are this morning. The red white and blue lines represent 1%, 2% and 3% pullbacks for new highs. You can see that for the 10 days showing on the charts we never got much greater than a 1% pullback. If this turns into another bull leg last the last couple than you can not wait for any real pullback to join the ride. Watch the charts.
