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the_sunship
May 16, 2022 2:34 AM

SPX 500 - the beatings will continue until morale improves Short

E-mini S&P 500 FuturesCME

Description

200ma (purple line) by early June looking likely. Volume profile gap there as well. We retested the trendline I like on Friday, but it certainly looks like it was a bull trap as of now.

Oh yes, and everyone is still looking for a bottom.

Comment

Still trendline dancing, over 4050 on ES is bullish, otherwise it's down
Comments
kummy
sideway between 3975-4050?
the_sunship
@kummy no think today will be a high and we sell off for next two weeks
Lingamfelter
Yes yes & yes. Love the title also. 🤓
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