The /ES forming a "three marching lemmings" MACD warning sign. This is when the product makes at least 3 successive highs, but the MACD makes 3 successive lows. This could indicate a near term change in direction, if a break of a defined trendline occurs.
ChrisBrecher
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ChrisBrecher
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.