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- 18June2021

sp500-futures-5hr-chart-analysis-18june2021

Hello Folks,
The S&P500 futures are currently at 4171.
A large correction is taking place, wiping out yesterday’s market recovery. There is no General Trade currently till conditions stabilize and the futures move above 4200..

Support levels are visible at 4150 and 4170.
Resistance levels are visible at 4200 and 4230.

[Bonus Trade]
“Buy at 4170 for Target 4190 with Stop 4160.”
Please Note: This is suitable for large traders who are regularly trading with 10+ contracts, using 2-3 contracts in this Optional Trade. This trade aims to use the likely recovery in prices after today’s selling. The futures are at one of the support levels, so we can buy a small position. Thanks.

sp500-futures-daily-chart-analysis-18june2021