E-Mini S&P 500 is consolidating before it breaks out
The daily E-Mini chart suggests one of three possibilites:
1- A Diagnal Triangle Or Rising Wedge for a move DOWN
2- Ascending wedge for a move UP or
3- Head and Shoulders for a move down where the left shoulder and head are already in place.
A move above 2134 would mean an upward movement. Similarly a move below 2096 would suggest a downward movement.
1- A Diagnal Triangle Or Rising Wedge for a move DOWN
2- Ascending wedge for a move UP or
3- Head and Shoulders for a move down where the left shoulder and head are already in place.
A move above 2134 would mean an upward movement. Similarly a move below 2096 would suggest a downward movement.