EMA and indicators geared off of the 6,000 tick candles with 500 tick boxes. Makes it really really clear that last big candle looking like a buy program. None of these bars are based on on time or equal spacing, they are based on when ever the the number of trades conclude so it does give a feel for volume.
Futures Trader 71 was focusing on the last three days aas a uniform trading block filling out a Gaussian composite volume profile. He was looking for breakout above ES 2585 that could lead to 2605 or a breakdown below 22562 leading to 2550. The market will decide.
One thing that is for sure both volume and range are shrinking fast as new bulls are not coming into this so far. Wondering when the January 401k cash hits the mutual funds and the etfs as earnings downgrades were at a very large level so far, so only those who don't pay attention will be going into new long positions at this point in the cycle (following a buy and hold forever and ever model).