ES getting wound up tight

٧ سبتمبر ٢٠٢١

You can see that ES is winding like a spring. Here it sits between the 2 green support and resistance lines and narrowing Bollinger. And also looking at daily volume it is pretty low. In last month we hit lowest volume in 3 month and 6 month period. All this to me means we may be at a high and in for nice drop.