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#ES_F Pullback to major Support and Resistance line and 21 DMA

S&P 500 E-mini Futures (CME_MINI:ES1!)  
FriscoTrades Updated   
CME_MINI:ES1!   S&P 500 E-mini Futures
Support and Resistance SPDR S&P 500 ETF (SPY) SPX (S&P 500 Index) futures ES Stocks marketanalysis CPI Bearish Patterns Bullish Patterns
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supportandresistance spy spx futures es stocks marketanalysis cpi bearish bullish
Market pulled back today and many feeds were filled with Bears and Doomsday callers ...

Is this the start of a massive down leg or just a technical pullback ? Bear trap or will Put holders be rewarded ?

Time will tell..

CPI next week so anyone's guess . Personally I'm waiting for more resolution and confirmation before trading this spot as it could go either way in my opinion.
Comment:
Nice bounce right at the 50DMA , implying more upside but still cautious with a clear and close above 4200 would really bring in some bids IMO
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