Clear Titanic Pattern
Updated
It appears to me we have entered a clear bearish sinking Titanic pattern with major lifeboat support coming in at around $3800 on ES.
Note
WOW lifeboat support really aided bulls, but only in the short term. Could be used to retest as resistance in the case of a rally. The real move will come soon and take a trip down to the Mariana Trench ~3000.
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