ES SPX decision time? soon?

Daily Chart below shows trend still up but in danger of pivoting to the downside. However, an upside move to 1044 is still possible.

Notice that the ES is ABOVE the downtrend line in RSI. If ES re-tests that line and breaks lower (around 40/35ish rsi) then the ES will likely plunge. The Money Flow is still going in an uptrend but it too is close to testing its uptrend support line. The MACD is hovering around 0.

In summary, if the RSI holds over 35ish trendline and MoneyFlow stays up and 1015ish ES holds then ES is likely to make another move up. If RSI, MoneyFlow, MACD and 1015 plunge, then lower prices and possible end of this move up.



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