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CNotes1234

ES1! testing strong resistance..possible bear trap if talks fail

S&P 500 E-mini Futures (CME_MINI:ES1!)  
CNotes1234 Updated   
CME_MINI:ES1!   S&P 500 E-mini Futures
Trend Analysis Technical Indicators Harmonic Patterns S&P 500 E-Mini Futures S&P 500 (SPX500) market tradewar fed
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trendanalysis indicator harmonicpatterns es1! spx500 market tradewar fed
Powell drove the market up, but it's a matter of deal or no deal in US/China talks. Watching these levels short term...Tested strong resistance. Cup and Handle forming as well, pay attention to news and have stops ready.
Comment:
Broke through with FED minutes, but lacked momentum. Price will hug near this slope range until G20 trade talk news comes out. I see no significant movements without news reasonings prior to an update about Xi and Trump talks. On the DMI it's a stalemate with trend strength weakening. Tomorrow's news will be the deciding factor. Global economic stability could use a brief reprieve into early next year with optimistic news, but only the powers that be know if this is a bear flag in the making,
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