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ES! - 200DMA seems to be holding

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Kontrak Berjangka E-mini S&P 500 (CME_MINI:ES1!)  
CheelooTrader  
CME_MINI:ES1!   Kontrak Berjangka E-mini S&P 500
Trend Analysis Technical Indicators Chart Patterns S&P 500 E-Mini Futures
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trendanalysis indicator chartpattern es1!
  • 3850 held today, which means selling seems to have subsided and price is finding traction.
  • VIX also behaved today and seems to indicate bulls making a comeback. Early but needs to be watched carefully.
  • SNAP news yesterday could have triggered final leg of this downturn, if that's the case, we could see short squeeze in some growth names. Indices will follow.
  • I am long in COIN, NFLX, and a buy order in SHOP at 312 (if it gets there)...will keep these on short leash until the price action improves.

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CheelooTrader
ES - Downside risk incresing
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