J3uddha

Technically, it'd make sense if we turned around now

Short
CME_MINI:ES1!   S&P 500 E-mini Futures
There's a point of control / high volume node below the previous low of 2023 which would be a great swing-failure pattern to hit. It's also at the .618 of the covid low to the all-time high. However if there's more strength in the market, we could see a stronger rebound into the previous range of 2023. This is if we show some strong resistance (tall wicks above the candles) at this level.

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.