ZombieStar

SPY at resistance! breakout soon!

Long
ZombieStar Updated   
CME_MINI:ESU2020   E-mini S&P 500 Futures (Sep 2020)
Nice flattop breakout setup here for ES minis (futures) and SPY in general
Comment:
Where the indicator is blue is where the red lines originated. It gets it's colors from the total sum of the distance from VWAP(close, 20) and DEMA(close, 20). Where dark blue colors represent hard resistance.

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.