S+P Futures Near Confirmed Intermediate Top at 2849.50.

S+P Futures ESU have rolled over and are now threatening major trend line support,
at 2792.50, which it has tested successfully three times previously.

A break below 2792.50 on the 4 Hour Chart would complete a recent 50 Handle Top Above 2800 this summer
and would confirm a Secondary Top, ES 2849.50 below the All Time High Continuous High of 2875.25 from Jan.2018.


THE_UNWIND

Comment:

ES Low of 2791.00 just Prior to NYSE Open on 8/2, taking out stops at 2792.50
constitutes yet another potentially Bullish Retest of Major Support Zone on ESU18

COVER SHORT POSITIONS. NEUTRAL

THE_UNWIND