MacD_Bollinger

Where does the danger live?

CME_MINI_DL:ES1!   S&P 500 E-mini Futures
My God. If the SETUP used is correct, technology companies will melt the SPX index.

I won't even write a text explaining why, because no one likes reading.

I will post the bearish pivot combined with a buy trap. What a thing, right?
Supports: 4933 for the moment. Medium-term secondary support (15/20 days): 4742.

I'd better keep quiet. Because things always turn out the opposite of what the graphs show. However, they will never stop occurring at a given future moment. 30 days. Lol

Medium-term bearish pivot.

All short-term bearish pivot targets have been caught. And in this time frame there are no signs of a change in the corrective direction, therefore, the medium and long-term target presented above is the most sensible for the moment.

Do your analysis and good business.
Be aware, if you buy, use stop loss.
See other graphic analyzes below!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.