SP500 - Looking ahead E-MINI S&P 500 FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) CME_MINI:ES1! TheDataGuyLOL Not investment advice. How to read the chart: Markets poised to go higher, same companies driving the price action higher blah blah blah its all been said. I see a few possible scenarios and ill rank them in order of probability in my opinion: 1. Markets continue melt up higher, inflection point at the purple rectangle /The Line. We may take a breather here and rocket to 3600 2. Dekembe Mutombo rejection at The Line sending us back to the feb high/green zone which is now long term resistance (sry permabears, still hope tho, continue reading). will move up from there get your dip buying sweat going 3. Perma-bearporn: that little red rectangle is for you. Possible low if sh*t hits the fan. Those fingers pointing are BTDerporn