The Mining Play

Markets and Other Non-Mining Stocks 2022

Might as well start anew everywhere!

The following are daily charts of /ES, the S&P500 emini contract in a channel. The black lines outline a rising/bearish wedge which I posted two or three days before the breakdown occurred. The measured move of the breakdown correlates rather nicely with the lower channel line, with horizontal support lying right around 30 points lower. It may prove useful, maybe not.