The S&P500 Emini Futures have been trading below their trend line for the last several weeks, and their recent attempt to break out above the trendline (at 4780 level) failed during end-Dec 2021 and early Jan 2022.
S&P500 Futures Resistance Levels are at 4720 and 4780. Above 4720 closing, 4800 target become on again.
S&P500 Futures Support Levels are at 4650 and 4600, and these levels can be used for buying for 30-50 point gains. However, a clean long trade will come above 4700.
Buy at 4720 for Target 4780 with Stop 4690.