SPX / ES Looks to distribute E-MINI S&P 500 FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) CME_MINI:ES1! rmdavido Prices have soared for the last month and a half. Only now have we experienced a stutter in the trend. Looking at the daily stochastic , there was a crossover that occurred yesterday to the downside. Technically speaking, we failed to breach Feb highs today, while creating daily stochastic and MACD bearish divergence. There is also a trend line which was broken yesterday and subsequently. Back tested today, it failed to close above. Through this week into next, I am looking to go short with a target of 3270 and 3180