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S&P 500 E-mini Futures
Short

$ES Daily - Possible Head and Shoulders?

By Skyy999
ES - Daily
Potential Head and Shoulders formation with possible price target at 4100. However, there is strong support at 4350 and then there is that downward gap at 4300 so we may see a nice bounce after that. MACD is heading down and looks like September is following previous years in being a red month (so far). We have CPI and PPI next week.
Trend Analysis

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