S&P500 Futures Trading – 20July2015

Hello Friends, good morning! Today is a tricky day, and we need to be careful because 10-20 points downside can open up rapidly below 2026 on S&P500 Index (spot). It is better to initiate new long positions only above 2030 on S&P500 Index (spot). The Emini Futures Trading Strategy for this week is to buy on dips near 2110 for higher levels of 2120-2130 on on S&P500 Index (spot). The absolute stop loss on long trades is 2100 on S&P500 Index (spot).