Tag Archives: SP500 Buying Triggers

Emini SP500 Futures Trading Analysis- 15May2025

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Hello Folks, here’s the latest technical analysis of Emini S&P 500 Futures (ES) based on hourly, daily, and weekly charts:

The current market price of S&P 500 E-mini Futures is 5,930.
The futures have gained more than 1000 points from their April lows of 4,850.
Please Note: The symbol for Emini S&P 500 Futures (ES) on Tradingview is ES1!

Hourly Chart Analysis:
– The ES chart shows a strong support at 5680, indicating strong buyer interest.
– A potential long trade setup is identified with favorable risk-reward dynamics.
– Traders are advised to watch for intraday levels and potential trade setups.

Daily Chart Analysis:
– S&P500 futures are trading with a bullish bias, influenced by US-China trade talks.
– Current upside target is 6000, which is about 70 points above current price, with a possible continuation of the upward movement.
– Above 6000, there can be a sharp upside rally, with price target is 6400.

Bonus Trade (yet to be triggered):
Stay long above 6000 for target 6400.

Weekly Chart Analysis:
– The main trend is upside, with clear technical patterns and signals.
– Fibonacci analysis indicates potential retracement or extension levels, while trendlines show a strong upside trend.

Technical Indicators:
– CCI is clearly in the buy zone, favoring a long position. The technical rating is “buy” based on various indicators, but market conditions can change quickly around 6000 level on profit taking. Traders must expect volatility near 6000 level.
– Moving averages and MACD-Histogram can be used to identify trends and momentum. Traders should also watch for support and resistance levels, such as 5710, which is acting as short-term resistance.

Emini Futures Trading Analysis- 18Sep2019

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spx500-futures-daily-chart-analysis-18sep2019

The S&P500 Emini futures are currently at 3002, and today and tomorrow will see higher volatility after the announcements by the US Fed on their latest interest rate policy and economic outlook. The market has already priced in 25 basis points (0.25 percent) rate cut.

There are two scenarios for S&P500 movement over next 24 hours (eod today and tomorrow). (a) If the rate cut does come at 25 bps, then there is a chance of profit taking after the US Fed announcement, which can take the futures back to their support level of 2960. (b) If the rate cut does not come, then 2960 will surely be tested and maybe also a lower level like 2900-2920. So in both scenarios, there maybe some price correction. Therefore, Traders should keep light positions to avoid whipsaw moves that can hit stop loss on both upside and downside.

If there is something in the Fed announcement, which indicates increasing strength in the US economy, then market can move up. A clear long trade is possible above 3033.

[Bonus Trade]
Buy at 3033 for Target 3063 with Stop loss 3013

At the current level, both long and short trades can create profits. Any sell trade should be attempted below 2960, which currently a strong support for S&P500 futures.

 

Emini Futures Trading Analysis- 05Sep2019

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Hello Folks, the S&P500 futures are currently at 2980.00
The futures have finally broken out of their month long range today!
The day high so far is 2986. They may retest 2973 during the day.

Our standing trade has been to buy at 2900 for target 2930 with stop 2800.
This trade triggered once again earlier this week, and also closed
successfully, giving 30 points gains in that default/standing trade, which we will take as Trade#1 of Sep2019.

The trend is clearly up after the latest breakout today, and our Emini Futures Trading Strategy for Sep 2019 is to stay long above 2950. There is a good chance of hitting 3000 by end September, as a result of the successful breakout. So we will aim to take up another long trade above 2970 for target 3000. The exact trade has been sent out to the Trading Group.

Please Note: Unless otherwise stated, all trades are with 5 Micros, or half Emini contract. This size looks good for capturing the market opportunities with enough gains, while reducing market risk per position into half compared to the Emini futures contract. Thanks.

Emini Futures Trading Analysis- 17Dec2018

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Hello Folks, the S&P500 Emini futures are currently at 2555.50, down 50 points for the day. Following are three weekly charts taken at different points of the day today. This is the third red week, and the selling looks mostly done. The futures have tested lower support level of 2530 today, and the futures bounced back from 2530 level, which was the support level established in Feb 2018. The futures are oversold currently, and we can see a good recovery of 100 points to 2650 by December end.

sp500-futures-weekly-chart-analysis-17dec2018

sp500-futures-weekly-chart-analysis-17dec2018-2sp500-futures-weekly-chart-analysis-17dec2018-3

There is a fear in the market that the US Fed will give hawkish message for interest rates in 2019, but I am not sure about that, given the data points about global economic growth slowing down in parts, and crude oil is reflecting those data points. But that fear and the correction seems overdone for now. Investors should expect recovery in S&P500 over next 2-3 weeks.

[Bonus Trade] In my view, the S&P500 will retest its 200 day moving average at 2765 before end-Jan 2019. That is 200 points above the current price of 2555, which presents a good upside for both traders and investors.

Emini Futures Trading Analysis- 02Nov2018

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Hello Folks, the S&P500 Emini futures are at 2711.75
Today’s Range: 2699.75 – 2765.75

spx500-futures-minute-chart-analysis2-02nov2018

The futures have dipped below 2700 till 2699.75 in a slow manner, and bounced back sharply from there, indicating that the 2700 support level is holding. Therefore, we will get back our futures lost in the Optional trade of today.

Traders with 10+ contracts: Here’s next Optional trade with 2-3 contracts.
“Buy at 2710 for Target 2745 with Stop loss 2690”

There is no General Trade – the volatility is back, and giving some joy to VIX traders. But we need 2700-2710 levels to get tested again, which will happen today and over the weekend. We may get a suitable setup on Monday. However, if the futures go down to 2680 today, then it will become a good buying opportunity. Please stay alert till market close today. Thanks.

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Hello Folks, the S&P500 Emini futures are at 2713.00
Today’s Range: 2611.75 – 2765.75

We had said on 30th Oct, when the futures were at 2680 that 2750 is a reliable upside target for Nov 2018. And the futures have hit 2750 today itself, which is 2nd Nov. But the futures have corrected sharply after hitting 2766 high today, with 50 points intraday correction, which looks bearish as of now just for the next 1-2 days. The futures have also reacted down from their 200 day SMA, which is not positive, because the goal was to cross the 200 day SMA without major hurdles. The upside trend has appeared firmly in weekly charts, so we need a position to go long, and current position is 50-50, hence not suitable for a general trade.

Traders with 10+ contracts: Here’s an Optional trade with 2-3 contracts.
“Buy at 2715 for Target 2745 with Stop loss 2700”

The support level is strongly in place at 2700, so we may try to take a trade using that support level.
If the futures can hold the 2700 support level, then this is the point of highest risk reward with upside target of 2750 again next week.

[Bonus Trade] This can be done by traders having 1-2 contracts.
“Buy at 2705 for Target 2730 with Stop loss 2690”

spx500-futures-daily-chart-analysis2-02nov2018

spx500-futures-daily-chart-analysis1-02nov2018

spx500-futures-weekly-chart-analysis-02nov2018