HK_L61

ES - 1 Hour / 1C Falling Shun or Minor RT

CME_MINI:ES1!   S&P 500 E-mini Futures
50 SMA has crossed below the 200.

EMAs continue to slide.

Daily Lower HIgh for the Sequence
with a Lower Low.

Daily Count is 4/8 with @ 1% decline
yesterday coming in on the Failure @ 4568.

Once 4550 let go it was all downhill.

4505 is an important level for a continued slide.

4550 - 4568 should Limit the RT.

4425 is open on the break of 4505.

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.