1/3 $ES opened on the Fuse, rallied, came back for a retest and traded higher to the PM Fuse from where it sold off to find support near the lower Fuse and again moved up into the close. Please see the Slide for details of the Spring pattern.
2/3 The second Fuse pattern off the PM Fuse was the Hangfire pattern - see chart for details. The AM Fuse @ 3133.00 provided good support and the market rallied off the level after multiple tests.