Moving towards the double top on (SPX Futures) by ThinkingAntsOk
Main items we can see on the chart:
a) From MARCH 2020 Until today we are observing a bullish trend on ES
b) Our View is that Bearish movement only happen on specific zones (like double top patterns) beside that, the price tends to keep rising until reaches one of these levels
c) Based on that and the current technical scenario, we can see that the price has broken a big corrective structure, in a similar way than the previous one
d) Our Main target is 3370, there we will close our long positions
a) From MARCH 2020 Until today we are observing a bullish trend on ES
b) Our View is that Bearish movement only happen on specific zones (like double top patterns) beside that, the price tends to keep rising until reaches one of these levels
c) Based on that and the current technical scenario, we can see that the price has broken a big corrective structure, in a similar way than the previous one
d) Our Main target is 3370, there we will close our long positions