jbw3e

Bear Wave

Short
jbw3e Updated   
CME_MINI:ES1!   S&P 500 E-mini Futures
Declining volume + macro weight. Still short but longer reach on the bounce.
Comment:
Medium term top reached IMHO after parabolic/mini mania. Re-emergence of volume looks pretty bearish at the moment. My guess is we move back into bottom curve/channel (as before) relatively quickly and the melt down rest of summer. Watching+waiting...
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