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.

Emini Futures Trading Analysis- 18June2021

sp500-futures-5hr-chart-analysis-18june2021

Hello Folks,
The S&P500 futures are currently at 4171.
A large correction is taking place, wiping out yesterday’s market recovery. There is no General Trade currently till conditions stabilize and the futures move above 4200..

Support levels are visible at 4150 and 4170.
Resistance levels are visible at 4200 and 4230.

[Bonus Trade]
“Buy at 4170 for Target 4190 with Stop 4160.”
Please Note: This is suitable for large traders who are regularly trading with 10+ contracts, using 2-3 contracts in this Optional Trade. This trade aims to use the likely recovery in prices after today’s selling. The futures are at one of the support levels, so we can buy a small position. Thanks.

sp500-futures-daily-chart-analysis-18june2021

Emini Futures Trading Analysis- 20May2021

spx500-futures-daily-chart-analysis-20may2021

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

Emini Futures Trading Analysis- 07May2021

The S&P500 futures have recovered from the sharp correction earlier this week on Tuesday, and our pre-defined long trade started at 4200 today morning, and the target of 4228 was also achieved today itself.  Above 4200, there was a fresh breakout today and it was a top quality setup for a long trade, and it delivered strong gains.This was our first trade of May month, and it was successfully completed within the same day of starting.

sp500-futures-daily-chart-analysis-07may2021