CME_MINI:ES1!   S&P 500 E-mini Futures
Might be forming an inverted H&S inside a megaphone

Long over 4160.. short below 4130

If it breaks support we head back to 4050
If it breaks above 4160, we'll test 4210

Neutral observation

Price has been trading between 4130-4160


Bullish possibility

Bearish setup
We break flag support
And double top back to megaphone bottom


NQ has similar megaphone
Comment:
Pushed up to that 4175 resistance

Support is 4160..

Long only over 4175,
Target 4200


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