E-MINI S&P 500 FUTURES - STILL WAITING FOR TRIANGLE BREAKOUT

Good Afternoon!
I continue to watch the ES1! with the symmetrical triangle chart pattern that developed with the trend-lines of the Jan/Feb highs and Feb/Mar lows converging toward each other.
There is a higher probability of the pattern breaking out to the long side, but if the bottom leg of the triangle does not hold look for drop to the short side.
I am intently watching the ES1! and am patiently waiting for a break of the triangle pattern on the daily or hourly charts.
Potential resistance levels for a high-side break-out:
R1: 2806
R2: 2880
Potential support levels for a low-side break-out:
S1: 2644
S2: 2526
Happy Trading!
KP
I continue to watch the ES1! with the symmetrical triangle chart pattern that developed with the trend-lines of the Jan/Feb highs and Feb/Mar lows converging toward each other.
There is a higher probability of the pattern breaking out to the long side, but if the bottom leg of the triangle does not hold look for drop to the short side.
I am intently watching the ES1! and am patiently waiting for a break of the triangle pattern on the daily or hourly charts.
Potential resistance levels for a high-side break-out:
R1: 2806
R2: 2880
Potential support levels for a low-side break-out:
S1: 2644
S2: 2526
Happy Trading!
KP
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.