SenesTrades

ES 4 Hour Chart Bear Pattern Breakup

CME_MINI:ES1!   S&P 500 E-mini Futures
Broke up the channel on the 4 hour chart however did not get the 4500 close to push up higher.
Not saying that it can't get there, but bulls will need to push it up higher and then retest 4600 eventually.

If we fake break out and if it falls back into this channel, that is extremely bearish, and people will be in for a world of pain.


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