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S&P 500 E-mini Futures

looks like were headed for consolidation in SPX

By cerealpatterns
weve had a big runup to major resistance, and were inside that sss supply zone below a pivot marked out by the dotted line. if we stay beneath that area treating it as resistance i would aim for the lower horizontals looking to retest the sss moving average or signal. if we breech that resistance to the upside i would aim for the upper horizontals. most likely scenario is a move up to close the gap in the underlying index, or at least some bounce followed by continued downside and consolidation.
Chart PatternsfuturesindextradingTechnical IndicatorsSPX (S&P 500 Index)S&P 500 (SPX500)swingtradingTrend Analysis
cerealpatterns
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