$ES #ES-mini #trading setup
Bears keep pushing ES min down as we expected:
Note that 5,132 is a very strong level of support. That is the neckline of the Head and Shoulders bearish reversal pattern. Even if bears manage to undershoot it, we will most likely get a strong bullish bounce. If we get a corrective looking bounce after test of that support that could open the door for a very bearish scenario powered by the bearish Head and Shoulders scenario.
That H&S pattern once triggered should produce a strong move down at least down to 5,000.