S&P500 (ES), futures market
Wednesday forecast, March 18
Downtrend
The downtrend may be expected to continue, while the S&P 500 is trading below resistance level 2448.25, which will be followed by reaching support level 2350 - 2316.
Uptrend
An uptrend will start as soon, as the S&P 500 rises above resistance level 2448.25, which will be followed by moving up to resistance level 2498 and 2542.75.
(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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