CME_MINI:ES1!   S&P 500 E-mini Futures
emini SP did exactly the same thing with false breakout near weekly pivot this week as well. As you can see OBV was declining at the point where the price actually broke down.

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.