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