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S&P 500 E-mini futures: A swing short trade idea

As traders tune in to the latest patterns in the S&P 500 E-mini Futures (ES1), a compelling short trade setup has emerged. Here's a strategic approach based on the current 4-hour chart dynamics:

• Current Position at Channel's Edge: The ES1 is presently touching the upper boundary of the established blue channel, a zone that historically has seen selling pressure emerge.
  Source: www.forexlive.com
  
  

Type: Forex
Min. Deposit: $20
US Traders: No
Regulated: Yes

Type: Binary Option
Min. Deposit: $10
US Traders: No
Regulated: Yes

Type: Forex
Min. Deposit: $50
US Traders: No
Regulated: Yes

Type: Forex
Min. Deposit: $5
US Traders: No
Regulated: Yes

Type: Forex
Min. Deposit: $1000
US Traders: No
Regulated: Yes