CME_MINI:ES1!   S&P 500 E-mini Futures
Weekly (MACD) indicator turned bearish... particularly with a Bearish Engulfing candlestiak pattern right at the top.

Daily Indicators are already bearish, while the price failed a breakout (of a range) and fell back in, suggesting a brreakdown on the opposing side. This week would test the daily 55EMA for sure; and perhaps a small bounce to the top of the range...

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.