SviCapital

ES, price swimming within a channel

CME_MINI:ES1!   S&P 500 E-mini Futures
Very mechanical price action, the algos keep the price within the channel. Active traders, like myself, can take advantage of that and play both sides. The momentum is slowing down though. I anticipate to see some resolution soon. Either bulls failure or a violent breakout through well defined resistance watched by so many eyes. Stay nimble.

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