S&P Futures 7/9/2020
ES at the hourly view. That pink line is a historical, multi-year resistance. As you may see, it's performing well as a resistance lately. The dashed red line above is the downtrend resistance since February. The green dashed line is the uptrend support since March.
ES may just have a pullback. I could long the VIX at the pullback if it reaches that dashed red line. If it pulls back earlier, then I could long the bounce at the green line.
ES may just have a pullback. I could long the VIX at the pullback if it reaches that dashed red line. If it pulls back earlier, then I could long the bounce at the green line.
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