$ES_F swing bottom

sub 2700 stops were triggered yesterday followed by a strong intraday reversal. Not only is 2700 psychological support (nice round number), we also tested lower rising channel/trendline support. Potential to rally up back towards the 2850 area into the election. But longer-term cycles are rolling over w/ next 18 month low due Jan/Feb next year. Manage risk accordingly as volatility likely to continue.