Compression Steps in ES, SPX, SPY

Micro E-mini S&P 500 Index FuturesCME

Description

⋅ Dec 27, 2019 3:55 AM

Using MES here as it's a clean chart, but you get the idea. Rip higher, range float for a few days, then rip higher.

Each step has been compressed into a shorter timeline, which would suggest a large moving coming up soon.