Will US Reversals Hold?

Wait 5 sec.

Will US Reversals Hold?E-mini Nasdaq-100 FuturesCME_MINI_DL:NQ1!konhowAs of last week's close, all major US indices completed their weekly movements, and all of them indicated a reversal pattern. S&P 500, Nasdaq, and Russell 2000 all formed a bearish engulfing pattern, while the Dow Jones formed an inverted hammer. So, is a correction coming? Based on these technical studies, a correction appears to be developing. We will discuss how to manage these risks and whether this correction will be shallow or deep. Micro E-mini S&P 500 Index Futures & Options Code: MES Minimum fluctuation 0.25 index points = $1.25 Disclaimer: • What presented here is not a recommendation, please consult your licensed broker. • Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises. CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs https://www.tradingview.com/cme/