michaeldobfx

Double top forming on the S&P500? Next support line 2700

Short
CME_MINI:ES1!   S&P 500 E-mini Futures
Chart shows a possible double top forming after the strong relief rally we saw after the crash in March. I think it is possible that if 2850-2900 level becomes resisted again, then the index could fall to the next major support level of 2700.