Higher Low on the 1W Channel Up made. Expecting a rebound.

CME_MINI:ES1!   S&P 500 E-mini Futures
The index has completed a pull back on the long term 1W Channel Up ( RSI = 59.796, MACD = 50.200, B/BP = 46.3920) by technically pricing its Higher Low (Highs/Lows = 0) near 2,875. The downside potential is limited. 1D should develop a new bullish leg/ Channel Up to test successively all the Resistance levels (2,910/ 2,930/ 2,947.75). Keep in mind that we have just entered the last economic quarter (Q4) of the year, where institutional investors take long positions for the end of the year rally. Our TP remains 2,960.
High quality portfolio management, asset allocation with excellent risk management. Grow your account, achieve steady profit levels and increase your trading edge with InvestingScope (
Sorry but My donation was given to crazy Fed Chair Powell and Don Trump today
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out