Nothing but a Bull Flag Pullback? $SPY $ES E-MINI S&P 500 FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) CME_MINI:ES1! TaPlot The failed breakout over Feb highs is still a warning sign but the pullback so far has been taking the shape of a flag pullback. A breakout from that flag could get us back to testing 3,400 level. A close back above that critical level would set the stage to a run back to ATHs set on september 2nd.