ES S&P If not now then somewhere close, weekly MACD cross-down

As we may find on the slides is the fact that MACD for ES futures actually crossing down on the weekly chart

As well it nicely corresponding with the actual Elliot progression stages on MACD itself

This analysis doesn't say you to short everything, but you can be cautious about starting to have a drop from 5 top to somewhere in 3996 area as a possibility.

Get your risk management together, you been alerted, it's rare flag.

הערה:

Still valid play, SPY MACD is at highest tension