ES1! (S&P500 Mini Futures) price is currently testing a support trendline around $5900.
If several daily Price candles close below $5865 this month, a pullback in the price can occur (rising wedge pattern).
Volume has been decreasing in May 2025, compared to March and April.
Finance and Technology corporate earnings season has passed. The U.S. government 90-day tariff pause is set to expire in early July (pending trade deal negotiations with other countries).
Tariff and trade deal news, breaking news, corporate earnings, government law changes, consumer sentiment, inflation data, the FOMC, and presidential announcements can all affect the prices of stocks and ETFs.
If several daily Price candles close below $5865 this month, a pullback in the price can occur (rising wedge pattern).
Volume has been decreasing in May 2025, compared to March and April.
Finance and Technology corporate earnings season has passed. The U.S. government 90-day tariff pause is set to expire in early July (pending trade deal negotiations with other countries).
Tariff and trade deal news, breaking news, corporate earnings, government law changes, consumer sentiment, inflation data, the FOMC, and presidential announcements can all affect the prices of stocks and ETFs.
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Follow Me on TradingView, Youtube, X, Instagram.
Social Media links are in my profile.
Boost, comment, share to support.
All posts are not financial advice.
Social Media links are in my profile.
Boost, comment, share to support.
All posts are not financial advice.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.