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UnknownUnicorn1946597

ES approaching top of spooky trendline

S&P 500 E-mini Futures (CME_MINI:ES1!)  
UnknownUnicorn1946597  
CME_MINI:ES1!   S&P 500 E-mini Futures
Trend Analysis Chart Patterns futures futurestrading
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trendanalysis chartpattern futures futurestrading
ES1!
  • ES is approaching a top trend-line charted from 2015, this trend-line was hit twice resulting in 2 slumps in price. Is the third time a charm for ES to hit 3530s and break out of this channel, or will we yet again slump?

    snapshot

    With the fib extension from 2009, we see the 0.5 fib is sitting at 3535.25 where said trend-line is, pretty spooky.
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