The_Unwind

March 19 S+P Futures ..Breakout Above 45 Degree Angle Resistance

CME_MINI:ESH2019   S&P 500 E-MINI FUTURES (MAR 2019)
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March 2019 S+P Future ESH
have broken Above 45 Degree Angle Resistance Trend Line (Shown)
an important technical development in overnight trading for 12/13/18

Futures have been rallying since right after the close of trading on NYSE
on 12/12,on what appears to be a new defined angle of ascent higher (Noted)
after retracing back to the initial 4 Hour Breakout point,
in the 12/12 late afternoon selloff.

Asian markets are also rising in trading on 12/13.
Overnight traders sensing some kind of tariff reduction between US/China
could be announced before the end of the year,
maybe front running the new front month March 2019 S+P Futures Contract,.. in anticipation

ESH 2680 Resistance Above,,could be offering first hints
of a potential Head+ Shoulders Pattern building in S+P Futures
if the rally were to continue.

.ESH 2667.25 Last

THE_UNWIND
12/12/18 1155PM
NEW YORK



THE_UNWIND

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