Intraday H&S Top formation in ES good thing the day is just about over. Looks like the overnight boys will try and void this nasty pattern. Could be setting up for a nice midnight rally. Seem we get this when ever the charts are bearish at the end of the day.
Here was a H&S top formation back on May 7th right in the same area 900 in ES. The overnight boys did a nice jam up overnight running stops.
Its for my records. Don't you chronicle information. This is a public forum. You don't have to read it.
Daily chart in ES sports a shooting star at the end of trading today, yesterday we had a DOJI. The volume today was quite strong. The intraday chart showing a H&S top formation. This all seems to point to a dip in price. But the day is over and I know all to well how the futures drift higher overnight.
6:50pm cst. All set watch the ES float higher sitting at 900 should head up to 910 after midnight. Then the bank stocks can gap open.