• Skip to main content
  • Skip to footer

Jim Wyckoff

Dominate Your Market

  • Daily Morning Report
  • Meet Jim
    • Testimonials
  • Contact Jim
  • Sample Reports and Charts
  • FAQ
  • Jim’s educational e-books

E-Mini S&P Bulls Starting to Fade a Bit

August 2, 2018 by Jim Wyckoff

The September e-mini S&P futures have hit a two-week low late this week as the bulls have faded just a bit. See at the bottom of the chart that the Moving Average Convergence Divergence (MACD) indicator has just produced a bearish line crossover signal. While the recent downside price action is so far just a corrective pullback in an uptrend, more losses this week, including a bearish weekly low close on Friday, would produce more significant near-term chart damage, to then begin to suggest a near-term market top in place. Stay tuned!

Filed Under: Blog News, Jim's Morning Report, Uncategorized

Footer

Disclaimer

There is a risk of financial loss in futures and options trading. Futures trading is neither easy nor an easy way to make money. It takes hard work to have success. Please use sound money management when trading futures. Past performance is not necessarily indicative of future results. Nothing on this website is intended to be a trading recommendation to buy or sell futures or options. All information has been obtained from sources believed to be reliable, but accuracy is not guaranteed. Readers are solely responsible for how they use the information on this website.

Latest trending facts

Copyright © 2026 · Atmosphere Pro on Genesis Framework · WordPress · Log in