DanGramza

Sellers take control

Short
CME_MINI:ES1!   S&P 500 E-mini Futures
As we discussed on Friday, the S&P 500 price structure was neutral. The bias for the overall price action was the continuation to the downside. Sellers took control and pushed prices lower. The expectation would be for the market to open near were closed and to push prices lower but in a smaller range than Monday.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.