Quote from Decel:
Hmm ES bounced on the MA200, and seems oversold currently. However it can't bounce too high or risks invalidating the H&S.
Maybe bounce to the MA20's 915 region and drop back down?
A bounce to the SPX 915 region will be a 61.8% retrace of the recent downmove and will put it right at the MA's resistance and the overhead gap.