The S&P500 futures are currently at 4104. They have been facing high volatility in last 2 weeks, after hitting a high of 4230. Even now, there is no clear trade.But the setup is suitable for long trades only, but we need some stability to come, which will happen above 4130. The momentum indicator (CCI) is showing recovery, and above 4130, the setup should become good for a long trade from 4130 to 4180. The S&P500 is not really breaking down despite a series of red days, and many of the short traders have faced stop losses in the 20-50 point reversal spikes that are coming daily.
[Bonus Trade] Buy at 4130 for Target 4160 with Stop 4100