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nikodemuskell

ES downtrend channel

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Micro E-mini S&P 500 Index Futures (Dec 2020) (CME_MINI:MESZ2020)  
nikodemuskell  
CME_MINI:MESZ2020   Micro E-mini S&P 500 Index Futures (Dec 2020)
Trend Lines
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trendline
Friday saw a very strong short covering rally. Anchored VWAP from 6 weeks ago is within reach, as well as the top end of the downtrend channel.

This could be a new bull flag - the most likely catalyst are stimulus rumors.
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