The_Unwind

Ascending Wedge Breaks To The Downside

CME_MINI:ESZ2019   E-mini S&P 500 Futures (Dec 2019)
The selling started as soon as the market closed on Tuesday
In fact it was one of the easiest pattern breakdowns to spot.
I saw it clearly, and traded accordingly,
building position size.. at will.

As I show here,S+P Futures Dec 2019 ESZ
Ascending Trend Line to the "Ascending Wedge" Pattern
has been "violated "in overnight trading on 11/20/19

See that red bar breakdown,outside the wedge triangle ?
Look closely. I put an arrow next to it.
Now look again.

See all that "thin air " below ?

THE_UNWIND
11/20/19
IN THE MOUNTAINS /NEW YORK


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