2026-08-21

MES1!

Overnight we have come off the lows and price has been crawling higher into the premarket MES - From the last LTF CISDs, is trading near yesterday's sell off price range and is now a -OB. This is our 0-1 move and where we should get a 1-2 move. This would be SMT Divergence between MES and MNQ because there would be a failed high sweep on MES and a sweep on MNQ has already happened as well as the -OB being traded through.

MNQ - from the last LTF CISDs, has traded through the -OB, swept the BSL from the sell off range and now inside the London/Pre Market sell off range/-OB with potential to sweep its BSL as well.

VIX - Price is selling off into the NDOG from Tuesday. After Tuesday, most of the price action on VIX has traded within the range piercing below the NDOG(L) and then later through the NDOG(H). At the moment we are near the NDOG(M).

No major calendar news. No major breaking new releases of yet.
50/50 on the tilt at the moment, with a lean to the down side but only after we've had volume in the market and swept a PH.