emehoke

ESM2021. Noticing what there is to notice on LTF's.

CME_MINI:ESM2021   E-mini S&P 500 Futures (Jun 2021)
It's a total mystery for me today. And I'm not looking to get in the hole early on a Monday, so I'm not taking anything I don't understand entirely.

But, for the purpose of learning I think if I drew a trendline under the current extension I could score some points as price look's to find support eventually one might think.

In moments of clarity I have been thinking the favorable play is to the downside, but price seems to only have one thing on its mind today, and that thing is go up.
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.