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

 

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- 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.

SP500-futures-hourly-chart-analysis-02Nov2020

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.

Emini Futures Trading Analysis- 23Oct2020

SP500-futures-hourly-chart-analysis1-23oct2020

S&P500 Futures Technical Analysis: S&P500 futures are near 3450 currently, and they are facing resistance at 3450, which is the downtrend resistance line. There will be a clear breakout above 3470.

S&P500 Futures Trading Strategy: Stay long above 3400 for targets 3500-3530. Use corrections between 3400-3430 for buying to sell at 3450-3470 levels. Fresh long positions can be added above 3470 for targets 3500-3530.

[Bonus Trade]
Buy at 3470 for Target 3500 with Stop 3450.