dereckcoatney

ES Futures Look Like a Classic Bear Flag Overnight

Short
CME_MINI:ES1!   S&P 500 E-mini Futures
Overnight futures look like a classic bear flag. This was correcting the heavy selling into the close on Friday. It looks to have broken and then performed a backtest. It may dump from here.

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.