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- 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- 29Dec2020

spx500-futures-daily-chart-analysis-29dec2020

The S&P500 futures are in clear uptrend, and they closed today at 3721.50, doing a small red day, but they are still trading above the 10 day SMA, and any move above 3730 can rapidly accelerate into a new rally towards 3750-3780 level. Our Emini Futures Trading Strategy is to stay long above 3700 for target 3760.

Emini Futures Trading Analysis- 22Oct2020

SP500-futures-daily-chart-analysis-22oct2020

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.

[Bonus Trade]
Buy at 3423 for Target 3480 with Stop loss 3400.