Category Archives: Emini Futures Trading Strategy

Emini Futures Trading Analysis- 02Nov2020

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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

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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.

Emini Futures Trading Analysis- 22Oct2020

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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.

Emini Futures Trading Analysis- 03Sep2020

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SP500-futures-daily-chart-analysis-03Sep2020

The S&P500 futures have suffered a large one-day correction today, with day high at 3584, and day low at 3424. Today’s fall has decisively broken the recent parabolic uptrend (curve line marked in the above chart).

The uptrend support trenline is coming at 3350 level, which is still about 90 points below current market rate. Now, the futures will surely need to test 3350 before getting any reliable or durable recovery. Below 3350, fresh breakdown will happen, and the next proper support is coming at 3200 level, which would be further 150 points below, or 240 points below current level.

The S&P500 futures will try to bounce back over next 1-2 days towards 3460-3480 and that rise can be used for selling, by exiting longs or initialing short positions. The futures will find it difficult to cross 3500, so that’s should be the stop loss for any short trades.

[Bonus Trade]
Sell at 3460 for Target 3350 with Stop loss 3500.

Update: The above trade started and completed within one day on Sep 4th!

Emini Futures Trading Analysis- 10Aug2020

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Hello Folks, the S&P500 futures are currently at 3350.
The futures are in uptrend currently and 3400 (new high) is the target.
Major trend line resistance coming at around 3500, which is much higher.
However, 3400 will also create selling pressure.
Please see the attached the daily chart analysis of S&P500 futures.

sp500-futures-daily-chart-analysis-09aug2020

The S&P500 futures made an upmove/breakout above 3280 till 3330 exactly as we expected, giving 50 points gain.

Previous Optional Trade hit target at 3330 and gave 50 points gain.
“Buy at 3280 for Target 3330 with Stop loss 3250”

Here is a new Optional Trade.
“Buy at 3350 for Target 3380 with Stop loss 3320”
This trade can also be done with Emini Micros or CFDs. Thanks.

Traders should take profits regularly, and stay long above 3300 for Target 3400 and 3500.

Absolute stop loss for all long trades is 3200, which is 150 points below.In case of major correction, the futures may fall back to their 200 DMA near 3030. We can buy on corrections, and stay long above 3200 for target 3400.

The immediate long trade is from 3330 to 3400. There is a chance that the futures may correct back to 3300 on profit taking and they make a fresh attempt to 3400. The volatility is still high to do a General Trade with full capital. In current conditions, we can only do trades with a small part of our capital and aim for 30-50 points on those trades. Thanks.