TTMTrades

Intraday Chart Showing Weakness

Short
CME_MINI:ES1!   S&P 500 E-mini Futures
2 Hour Chart is picking up volatility and the PMO is showing the momentum shifting to the downside meanwhile the Daily chart is in a tight consolidation pattern hence the BB Width but if you notice, on this last rally the PMO never crossed back over to the upside. So the intraday weakness is beginning to show up on the day to day chart, once we break below the bottom 2 STD deviation BB at $380, this will put the Daily Chart into a strong downtrend. Be careful, I do expect one last small rally to the upside for a shakeout prior to the dip.

To The Moon Trades
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