Hello Folks, the S&P500 futures are at 3325.00
Today’s Range (so far): 3288.25 – 3331.00
The futures made a high of 3331 today morning, and our target 3325 was hit.
Trade#1 of Feb 2020 (completed successfully with 25 points gain)
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Buy at 3300 for Target 3325 with Stop loss 3280
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In fact, 3330 was the upper target for this upmove, which was also hit. Now, this 3325-3340 is an area of significant resistance, so we have to be careful here. Above 3340, we can take new long trades again, because it will be a fresh breakout. Above 3300, the futures are safe. There is no new trade as of now. I will mail you again with some notes. Thanks.