Emini Futures Trading Analysis- 17Jan2022

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.

Bonus Trade:
Buy at 4720 for Target 4780 with Stop 4690.

Emini Futures Trading Analysis- 16Dec2021

Please see this image for S&P500 futures daily chart analysis.

S&P500 Futures have been facing major resistance at 4700 level and have not been able to stay above 4720 for much time, and have been facing major selling pressure above 4700-4720 level, which is now the main Resistance Level. Because this level has become such a big resistance for a long time, whenever it breaks, there will be at least 100-150 point upside rally till 4850 level. A closing above 4720 can be considered a decisive breakout, with target 4830. That upmove can be rapid.

On the lower side, 4500 level is a strong support, and it will present a good buying opportunity. For now, we have to remain cautious again, and see if 4600 support level holds. There is no clean or safe trade in the current market, and we will do a fresh analysis tomorrow. Thanks.

Emini Futures Trading Analysis- 12July2021

Hello Folks,
The S&P500 futures are at 4372.
The futures have made a good recovery from the sudden fall last week. Our analysis was showing a recovery to 4230 level, and we shared an Optional Trade based on that analysis for Traders who trade with multiple contracts.

[Optional Trade#2] Update – Target hit at 4325 (30 point gain)
“Buy at 4295 for Target 4325 with Stop 4280”

But the momentum has been falling as the futures moved up above 4350, which doesn’t look like a safe setup for a new long trade. So we will wait and watch this week. On July 16th, there is monthly derivatives expiry, so some volatility should be expected over next 2-3 days. Overall, the setup is getting suitable for a trade.

Our S&P500 futures trading strategy for near term remains same:
“Stay long above 4300 for target 4400”.

The futures have a good support at 4330, and we will try to take a long trade around that level, between 4330-4340. We will get back to you with further analysis after market close today. Thanks.

Emini Futures Trading Analysis- 02July2021

sp500-futures-daily-chart-analysis-02jul2021

Hello Folks,
S&P500 futures are at 4321.

Our S&P500 futures trading strategy is:
“Stay long above 4300 for target 4400”.

There is a strong bullish zone above 4300, which also coincides with a resistance zone between 4290-4320, and we are in that resistance zone currently, but the fact that the futures are moving above 4300 is positive, and we should stay long above 4300.

[Bonus Trade]
Buy at 4300 for target 4340 with Stop 4290
Please Note: The above trade aims to buy a correction towards 4300,
which may come as part of retest of 4300 support level. Thanks.