ES PRS Channel - not bad

They have to throw a bear a bone every now and then to keep them in the game.....

PRS is instructive though, a downturn right here could be meaningful.   An upturn should be respected.

I am definitely not adding to shorts at this level though.   The USD futures index /DX has bounced down off a Person Pivot, and has just had a big run up, very steep, so a pullback in DX and push up in SPX could occur.