S&P 500 E-mini FuturesUpdated a topfishing play on spx futes (es1!)
es1! calls have been lining themselves up for overheated conditions on top of a move that has confirmed higher lows on larger timeframes and smaller ones become overbought
above 4620 is a sell pressure area
below 4581 is a supportive area
could bullflag, but more probable is a false breakout, followed by a short term melt fown
above 4620 is a sell pressure area
below 4581 is a supportive area
could bullflag, but more probable is a false breakout, followed by a short term melt fown
Trade closed: target reached
good to take some profit as initial pattern is close to actualTrade closed: target reached
sellers should stop out here
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