pisaniello

ES1! - Testing adjusted triangle bottom trend-line support

CME_MINI:ES1!   S&P 500 E-mini Futures
The ES1! continues to test triangle trend-line support.

I redrew my previous bottom portion of the symmetrical triangle to adjust for recent daily price action.

The new bottom trend-line is slightly flattened compared to the previous bottom.

If the ES1! can hold support at this bottom trend-line, expect a bounce up through the top trend-line and then higher.

~KP

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