S&P500 Futures Technical Analysis is that the the futures have strong support at 3400 level, and we can stay long above 3400 for retest of 3500 level next week.
Below 3400, the next support is between 3320-3330 level, which is the major support level that has provided support in the recent past too. But the volatility coming from US Elections on Nov 3rd will make it very difficult to manage trading positions. It is better to have fewer positions with wider stops.
Despite the recent correction over last 8 days, the S$P500 futures trend is still up. Traders should aim to stay long above 3400.
Buy at 3423 for Target 3480 with Stop loss 3400.