S&P500 (ES), futures market
Tuesday forecast, March 17
Downtrend
The downtrend may be expected to continue in case the market drops below support level 2370.50, which will be followed by reaching support level 2316.75.
Uptrend
An uptrend will start as soon, as the S&P 500 rises above resistance level 2498, which will be followed by moving up to resistance level 2652.
(Click on image to enlarge)
Weekly forecast, March 16 - 20
Downtrend
The downtrend may be expected to continue, while the S&P 500 is trading below resistance level 2752, which will be followed by reaching support level 2407 - 2316.
Uptrend
An uptrend will start as soon, as the S&P 500 rises above resistance level 2752, which will be followed by moving up to resistance level 2933 - 2963.
(Click on image to enlarge)
Monthly forecast, March 2020
Downtrend
The downtrend may be expected to continue, while the S&P 500 is trading below resistance level 3024, which will be followed by reaching support level 2855 and 2757.75.
Uptrend
An uptrend will start as soon, as the S&P 500 rises above resistance level 3024, which will be followed by moving up to resistance level 3223.50.
(Click on image to enlarge)
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