Inverted Cup and Handle on ES - Possible Trend reversal

We still have to see how it breaks. I quickly posted this while it was developing. Cup is finished, and handle is formed and I've begun to take positions. TP 3626.5


Keep in mind M2k (RUT) is also following a similar pattern but not as defined (obviously just following PSX), it ALSO is sitting on top a megaphone Could be fireworks

Trade active:

Starting to sell some short positions on MES (and a bit of M2k) on the high side of the channel, covering is and as they seem likely to retrace up.