S&P E-mini Futures is in an ascending wedge pattern on the daily timeframe.
This pattern can also be found on other time frames if one should prefer the weekly for example.
A break below 3130, and consequently another candle close below this level on high volume would confirm the break.
The measured move for this pattern is easily 25% to the downside, perhaps even more.
All momentum oscillators show there is now a lot of room for this move to happen. A break and close above the 3231 level would invalidate the pattern.
There are several support levels to the downside, and I do expect a small bounce / bear flag to form before we break (IF we break).
This pattern can also be found on other time frames if one should prefer the weekly for example.
A break below 3130, and consequently another candle close below this level on high volume would confirm the break.
The measured move for this pattern is easily 25% to the downside, perhaps even more.
All momentum oscillators show there is now a lot of room for this move to happen. A break and close above the 3231 level would invalidate the pattern.
There are several support levels to the downside, and I do expect a small bounce / bear flag to form before we break (IF we break).
노트
Ladies and gentlemen, we have a break-down!노트
Be tolerant with others and strict with yourself.
- Marcus Aurelius
- Marcus Aurelius
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
Be tolerant with others and strict with yourself.
- Marcus Aurelius
- Marcus Aurelius
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.