CME_MINI:ES1!   S&P 500 E-mini Futures
On Monday we should reach 2950-2960 to print a double top. This will cause all the noobs to panic sel into support at the bottom of the bull channel and resume our path to all time highs.
Comment:
brrrrr trap
Comment:
2950 reached soundly. finding support at the 4h 26ema. don't kow when we'll see the bottom of the channel

Comment:
Well we certainly overshot the bottom of the channel by quite a bit. We should go back up now to retest it
Trade active:
3rd test of the support failed, creating a new bull channel that is a little less parabolic

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.