the_sunship

ES mini - head and shoulders possible - 3750 support zone

the_sunship Updated   
CME_MINI:ES1!   S&P 500 E-mini Futures
Watch for a decent bounce from there to create a possible right shoulder, looks like timing for it to finish would be around the 8th - election day.

I don't think it goes much lower before a bounce because the mid time frame rsi is already showing hidden bull divergences.
Comment:
close to target, a small move down tomorrow should complete it.
Comment:
4 hr hidden bull divergence
Comment:
past pitchfork fib as of this morning, so 3700 should get tested unless they save it quick. 3700 should at as support.
Comment:
3700 tested and reacted, 4 hr hidden bull divergence still in play. Over 3750 and probably we get a decent rally. nothing decided.
Comment:
spy support at fib line

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