S&P 500 Futures Technical Analysis
Get a perspective on the S&P 500 futures contract. The ES Emini continues to show us weakness while reaching a very important level of demand. While we trade out of supply, we must always be aware of the larger time frame demand to tell us where we are most likely to stop or atleast where we should be more cautious on our trades. Congrats to all of the traders shorting the ES over the past two weeks! We are now concerning ourselves with the larger time frame reversions to the mean to determine if we will remain in a bullish up trend long term or if the bears will take control.