The ES!1 S&P500 futures hourly chart is at a pivot point, and a likely breakdown on the hourly chart would start the next leg to the downside.
MACD has broken down into the bear territory. Price breakdown on a trendline is about to happen and would also break down the 55EMA as well. Significant couple of hours from now...
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.