End of Q1 window dressing just in time for big resistance

End of 1st quarter window dressing and subsequent Friday (tomorrow) follow-thru could be enough to tag this resistance on the Emini S&P.

Trade setups don’t often come this obvious. But when they do..

Putting on shorts tomorrow. But probably high multiple sector though for added tankage..

But now that the ES/USD correlation seems to be breaking down i would expect the ongoing USD weakness to mitigate the fall to some degree.

ES-daily-heck

 

 

The best charting teacher I know:
The Morning Analysis Service by Paul Coghlan
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