Get started
Auguraltrader

S&P500 ran out of steam

Short
S&P 500 E-mini Futures (CME_MINI:ES1!)  
Auguraltrader  
CME_MINI:ES1!   S&P 500 E-mini Futures
Trend Analysis Chart Patterns Technical Indicators snp500 S&P 500 E-Mini Futures SNP SPDR S&P 500 ETF (SPY) S&P 500 (SPX500)
2
0
trendanalysis chartpattern indicator snp500 es1! snp spy spx500
Looks like the S&P500 ran out of steam, as it climbed strongly, then leveled off, then consolidated, and a sudden breakdown.
The fuchsia ellipsewas drawn earlier in another idea post, and now, it’s about time...

Watch for a lower high and a lower low following...

Related Ideas

Auguraltrader
Gold Miners - the cards stacked up against, to fall...
Auguraltrader
TIPS hint of a S&P500 breakdown...
Auguraltrader
This week tells all? The S&P500 chapter
Auguraltrader
S&P500 interesting noted pattern... end of the bull run
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.