S&P Futures
Could just be playing out Scenario 2 that was laid out before. However, with RSI basically neutral and MACD rolling over again (although I'm not a huge MACD guy) I think you have to consider maybe a trip back to the recent lows before a sustained rally can take hold. I have almost 0 equity exposure on the failed Scenario 1 breakout so just watching what develops now.
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.