Auguraltrader

The S&P500 ES1! Futures looks sus...

CME_MINI:ES1!   S&P 500 E-mini Futures
Note the fuchsia ellipses, which were my immediate downside targets for the ES1! is now seeing the Index bounce between these two levels, and looks like it is about to keel over and breakdown.

Watch the MACD breakdown the support trend line (red)... followed by a decent attempt to breakdown of 3200, the critical support.

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