Tag Archives: SP500 Trading Strategy
Emini Futures Trading Analysis- 03Aug2021
Emini Futures Trading Analysis- 12July2021
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- 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- 02Nov2020
Hello Folks, the S&P500 futures are currently at 3315. Here’s the hourly chart of S&P500 futures, at 23:20 US Eastern Time on Monday, 02 Nov 2020.
The futures have faced a sharp downtrend since the Oct 13th, when the parabolic upmove broke down, and we got a 300 point correction from 3530, which wasn’t expected by many market participants. 3220 level provided support again, like it did in Sep 2020.
Now at 3315, the futures have broken above the downtrend resistance line, and they will aim to go higher towards 3500. Stay long above 3300 for target 3450 and 3500.
The futures can do 200 points move after US Election results, so keep Stop loss at 3280-3300. We can expect upmove today because the futures have successfully crossed 3300 after two failed attempts in last 2 days. Thanks.