#ES_F - Weekly H&S & Levels
Here's what I'm watching. ES H&S neckline broke and we have a retest of the weekly pivot and neckline on low volume. The DAX had the same pattern, which retested and failed. A break, hold, and close above the 2591 neckline and pivot could lead to the fib levels above. There's an open gap at 2921.36 on SPX would create a perfect lower high for UTAD in distribution. Failure to close above 2591 will lead to significant downside.
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