S&P500 Bearish E-MINI S&P 500 FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) CME_MINI:ES1! Auguraltrader Weekly ( MACD ) indicator turned bearish ... particularly with a Bearish Engulfing candlestiak pattern right at the top. Daily Indicators are already bearish , while the price failed a breakout (of a range) and fell back in, suggesting a brreakdown on the opposing side. This week would test the daily 55EMA for sure; and perhaps a small bounce to the top of the range...