Micro E-mini S&P 500 Index Futures
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ES Bear Trend Continuation January 2023

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Here we have a downtrend starting in December. NFP is on Friday. I believe we have a head and shoulders pattern setting up. I will not trade in front of the NFP but I believe it will be used as the catalyst for the break of the neckline. I will wait for the retest of the neckline and or the retest of the downtrend line. Looks like first week red. First red day.
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The Vix is on the cusp of a break to the upside, indicative of selling pressure

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