9:23 am Eastern  - We may have some divergences in the markets today. Here are some observations:

The DJT had a great day yesterday and got back up to and busted through 20,000. The IMW gapped up at the open, like most everything else, but they fell back and closed lower than from where they opened. The SPY did a similar thing to the IWM, but put in more of a trend change signal with its daily candle. The timing on all three of these markets is ripe for a shift in direction. It is possible for some of the steam to get let out of this bulls rally, and price pull back some more today. Just a correction, maybe. The DJT may still be the leading indicator, so we need to see what they do with 20,000 today. All in all, were in a good place to see a correction in the downward direction today. It is still possible for the bulls to get up there game and hold on to the momentum established over between Tuesday's close and Wednesday's open, but if the bears get their way, it would not be surprising to see them try to fight back more today.

We had a zone on the board yesterday above where they opened. Price never got up to the zone yesterday. For today, that zone has expanded a little. The extremums of the zone are the levels 678.33 and 679.01. In the middle of that zone is 678.70. That was the top of the zone yesterday, and may still be important today, if price gets up there. 678.70 is not shown in the list of levels above and in the screenshot below, just be aware that it's there and the whole are should be decent overhead resistance. If the bulls can get above that zone, that's a good sign they have more steam left to grind higher. If they get rejected there and price falls back, that would just be the zone doing its job as overhead resistance.

The other levels are mostly typical. We're looking for Base Hits at the levels if price approaches them the correct way, per the rules. There could be pulls in both directions today. Trade well.

Trading by the Ticks & Trades Strategy, here is where you would have landed for the day:

Three Base Hits for the day. The first trade was a short against 675.65 at 9:46 am. They almost gave a Base Hit, but reverted back to breakeven within a certain amount of time. The rule in that case is to jump out for a wash when price got back to the entry level. 

The next two trades produced easy Base Hits. The first was a short against 676.42 at 11:20 am. The second was a short against 678.33 at 11:49 am.

There was a Near Miss of the level at 679.01, so the short trade against that level was not triggered. But the Recycle Trade on that same level on the long side worked. Price did come within 10 cents of the Base Hit profit objective, and returned to breakeven, but the time it took for that to happen was within the parameters of the associated rules. That bounce gave the third Base Hit of the day. After that trade, no new levels were hit the correct way to trigger any more trades. 

Per the rules, a total of 12 ES points for the day.