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S&P500 Short--Bouncing Inside A Channel.

S&P500 Short--Bouncing Inside A Channel.

S&P 500 E-MINI FUTURES CME_MINI:ES1!

I have been over all bearish on the US economy for a while. This chart, I believe perfectly sums up how things will unfold. We are going to see some resistance near the 1800 mark, then I think we break below it.

We shall see.