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darshan1992
May 26, 2022 11:49 PM

New low incoming according to price action rules Short

CME_MINI:ESM20221D
E-mini S&P 500 Futures (Jun 2022)CME

Description

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Break of channel is usually followed by a new low in the price action trading world. Expect a reversal here in the next few days.
The bar is also up against the EMA which can add to the chances of a reversal.
Trend AnalysisChart PatternsESSPDR S&P 500 ETF (SPY) SPX (S&P 500 Index)US SPX 500S&P 500 (SPX500)
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