S&P Futures Top on 5 Month Trendline? E-MINI S&P 500 FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) CME_MINI:ES1! jsaettele ES is down 2 days in a row (what!?). I'm 'looking' lower. The first big level to know on the downside is 3959/79. This zone is defined by highs from February and March along with the 50 day average. For more analysis and ideas, visit https://scandinavianmarkets.com/news/ .