Hedge_Of_The_World

S&P at Critical Resistance

Short
CME_MINI:ES1!   S&P 500 E-mini Futures
The rocket ship appears to be running out of fuel around the gamma neutral zone (3830). We saw a retest of the longterm support-turned-resistance (green ascending trendline), and are setting up for a rejection. AMZN and GOOG beat on earnings after the market close yesterday, and yet, futures are relatively flat this morning. Will we finally see a (notable) correction this week?
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.