The above chart is the ES hourly. The ES broke down from the upward channel today. In the last few weeks, it appears like the ES is vaguely making a triangle type consolidation. Generally, I only noticed Gold and ZN react to the decline in the ES today. I’m expecting that a lower low will eventually be made, therefore, I think there can be a shorting opportunity if the ES moves up to 1200, or even higher to the March or June lows. I drew some support/resistance lines at areas that can be important in the short-term.
Obviously the 1200 resistance is passed. 1250 is the next one.