Get started
Skyy999

$ES Daily - Possible Head and Shoulders?

Short
S&P 500 E-mini Futures (CME_MINI:ES1!)  
Skyy999  
CME_MINI:ES1!   S&P 500 E-mini Futures
Trend Analysis
0
0
trendanalysis
ES - Daily
Potential Head and Shoulders formation with possible price target at 4100. However, there is strong support at 4350 and then there is that downward gap at 4300 so we may see a nice bounce after that. MACD is heading down and looks like September is following previous years in being a red month (so far). We have CPI and PPI next week.
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.