/ES : Head and Shoulder formation – Watch the kumo support

/ES head and shoulder formation

/ES reached a high of 2007.6 and today saw its first selloff.

Ichimoku kumo support is around 1953. However, there is a need to be wary of the larger head and shoulder formation.

This selloff could see /ES reaching 1800.

By iam802

Trend trading with Ichimoku