Hey Traders,
two majors trendlines were tagged on monhtly and daily charts today:
Left is monthly, right is daily.
Now here is a zoom out view of the two, firstly 40yr old channel from previous weekly updates:
and sp500 daily:
Will keep watching key levels closely to start building bearish case, first ES support level at 1016.
Will post key short term levels in daily updates sometime tonight
Cheers
Vlad