Sometimes, to get through resistance, you have to force sellers to liquidate at much lower prices. This just happened.

ES struggled to get through 3975 since yesterday, and needed a hit new daily lows to get rid of those sellers.

Even though the H&S pattern posted earlier has been technically invalidated, the minimum measured move of the descending channel lines up with the same targets, and could go higher.
Chart PatternsS&P 500 E-Mini FuturesfuturesParallel Channelsp500futuresp500indextrading

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