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StrategicTrading

RSI Support in play for the S&P Futures

Long
S&P 500 E-mini Futures (CME_MINI:ES1!)  
StrategicTrading  
CME_MINI:ES1!   S&P 500 E-mini Futures
Trend Lines
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trendline
The S&P Futures have broken their short-term uptrend line, and backtested it overnight.

RSI support is in play now. The market's behavior around this RSI trendline during the afternoon will give us a signal on the next move (to 3024, or 2960).

I'm thinking the RSI trendline holds for now, but we won't know for sure until the closing bell.
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