Conflicting? E-MINI S&P 500 FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) CME_MINI:ES1! Auguraltrader S&P500 ... Bull case Breakout of wedge with up close MACD turning up and crossed up Top 8 traders net positions (yellow line) are less net short Bear case Breakout with a shooting star type of candle Candle has long upper tail which is longer than body Relative price strength is weakening Non-commercial net positions are dropping, maybe offloading on breakout How now, brown cow?