Emini Futures Trading Analysis- 10Aug2020

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.


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.

Emini Futures Trading Analysis- 29July2020

The S&P500 futures have been consolidating in between 3200 and 3560 for over a week now, and there is a strong resistance at 3270 level, and it has been there for a long time. Above this resistance of 3270, new long trades can come for target 3330.


S&P500 futures are in strong uptrend above 3200, and Traders can stay long above 3200 for target 3250-3260, which is just below the resistance of 3270. Please exit long below 3200, because selling pressure can be high below 3200 and downside target is 3140. So, the setup is high risk currently, because we have the US Fed update coming later today, which can create sharp moves, and hit stop losses.

[Bonus Trade] Buy at 3280 for Target 3330, with Stop 3250.

Summary: Traders can stay long for Target 3260, with 3200 as Stop loss.
Be very cautious here. The setup is not safe and clear.

Emini Futures Trading Analysis- 30Jan2020


Hello Folks, the S&P500 futures are at 3289.00
The futures went down till 3240 with gap down today morning and by end of day, they bounced back sharply to 3289, and there by closed above 3280. Continue reading

Emini Futures Trading Analysis- 27Jan2020


Hello Folks, the S&P500 futures are at 3244.00
Today’s Range (so far): 3235.75 – 3268.50

The futures are down 50 points from Friday’s closing. There was a gap down opening of 25 points below Friday’s closing of 3293, and the futures have gone down further on liquidation of long positions with stop losses. As we mentioned earlier, the futures can correct rapidly below 3300, and that has played out since Friday evening. That’s why 3300-3290 were last Stop loss on our General Trades.

In the very short term, the hourly charts are now showing positive momentum, which can support price from falling further. But this quick 100 point correction from 3337 to 3235 has broken many support levels, and rework is needed at each key level like 3250, 3280, 3300.


Most importantly, the strong uptrend that started on 10th Oct 2019 is at risk currently, unless the futures move above 3280 within this week.

The key support levels on the downside are at 3200 and 3180, but the futures may not go there directly, and there maybe upward spikes. The S&P500 futures will be strong above 3260, and fresh selling pressure will come below 3180. Trades with 10-20 point Stop loss will not work in current conditions of high volatility. Position size needs to be smaller, and Stop loss needs to be wider.


This is an unforeseen event based correction, and its difficult to predict how much impact it will have. We have to let the big market players decide the market direction in the next 2-3 days, while we observe carefully. We should avoid new trades till we get some clarity. Thanks.

Emini Futures Trading Analysis- 09Jan2020

Hello Folks, the S&P500 futures are at 3274.00
Today’s Range: 3257.50 – 3274.50

After the very big green day yesterday by S&P500 futures, which hit new highs, we were expecting some more follow up action today, and that is playing out as expected. The futures are heading towards our target 3280, which may come later today. So the upside room at current level is looking about 10 points more and we may get some resistance or selling pressure at 3280 level. 3300 is also possible by end of Friday, if 3280 can be crossed with strength.

S&P500 Futures Technical Analysis shows that the nearest support level is between 3240-3250, and next major support is at 3220. So any new long trade here will need a wide Stop loss. So we will wait and watch. We already have Optional Trades with targets of 3278 and 3280, but there is no new General Trade as of now.

The S&P500 trend is clearly up, as we have been saying for last several weeks. Our Emini Futures Trading Strategy is to buy on corrections. All corrections have been strong buying opportunities. The weekly chart of S&P500 futures is looking bullish, with the ability to cross 3300 without any difficulty in the coming week. Thanks.

[Bonus Trade]
Traders can buy on corrections near 3260 for Target 3290 with Stop loss 3230.