Analyzing the ES or S&P 500 E-Mini Futures. As we can see, the market has moved in a bearish trend since February 2020. Later on by March 2020, it started to move a little uptrend. During the month of April and May, so far it has been moving in a sideways pattern.

With our set of custom technical indicators, we had to modify them to capture each move, small or big, in order to have a clear picture of what is going on with any instrument or market type.

On the Daily chart above, we can appreciate such of a move. It is very easy to see that the investors confidence is trapped into decisions of trading pull backs, grabbing some profits then sell the holdings, in what appears to be the channel formed on the chart.

While it is possible to trade and make profits, tools such as custom technical indicators, news and fundamentals, can work together to provide anyone a better trading experience. Thanks for reading.

For educational purposes only and not intended as any kind of financial advice.