Get started
Pennywick

ES1!/SPX - Mini Pennant after Confirmed Bear Bat Pattern

S&P 500 E-mini Futures (CME_MINI:ES1!)  
Pennywick  
CME_MINI:ES1!   S&P 500 E-mini Futures
Trend Analysis Chart Patterns Technical Indicators Bearish Bat Bullish Flag S&P 500 E-Mini Futures SPX (S&P 500 Index) S&P 500 (SPX500) Contains image
3
1
trendanalysis chartpattern indicator bearishbat bullishflag es1! spx spx500 containsimage
Price found shallow support at the break .236, forming a flag. Supported by the 2 hour 8 EMA. The Bat Harmonic proved true. This pattern forms the classic bull trap as the Higher Low is the pivot for the second leg of Bat Wing.
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.