Could be forming a huge pennant here. Note MFI is oversold on the hourly, that usually means up....
ES1! (SPX futures) MFI is also oversold, see my ES1! chart.
ES1! (SPX futures) MFI is also oversold, see my ES1! chart.
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There you go....
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Chart pattern looks bearish.... could drop out without finishing the formation f it gaps down Monday