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ES

ES

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

Despite my opinion on the overall market, I still look at the charts for my intra day trading.

Currently the ES is in a wedge pattern on an intra day time frame. My opinion is the following

1;. Bearish sentiment is at 63% which could see prices push through and break the upper line of the wedge. I would then target a run up to 2197.

2; Prices break the lower wedge pattern, I would then look for a quick and steep fall to test 2142