gr8fultrading

Lower to go? Probably so

Short
CME_MINI:ES1!   S&P 500 E-mini Futures
S&P futures have formed a classic bear flag at the lows, just above 4000. Price tried to break out at the top, but failed, and now has broken through the bottom.

Target as shown on chart: 3960

Invalid if price accepts back above 4020
Trade closed: target reached:
Wow, that was fast.

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.