S&P 500 (ES), futures market
Friday forecast, July 17
Uptrend
An uptrend will start as soon, as the S&P 500 rises above resistance level 3212, which will be followed by moving up to resistance level 3221 - 3226.
Downtrend
The downtrend may be expected to continue, while the S&P 500 is trading below resistance level 3212, which will be followed by reaching support level 3184.
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Weekly forecast, July 13 - 17
Uptrend
The uptrend may be expected to continue, while the S&P 500 is trading above support level 3184, which will be followed by reaching resistance level 3232 - 3339.
Downtrend
A downtrend will start as soon, as the S&P 500 drops below support level 3116, which will be followed by moving down to support level 2982.
(Click on image to enlarge)

Monthly forecast, July 2020
Uptrend
An uptrend will start as soon, as the S&P 500 rises above resistance level 3186 - 3224, which will be followed by moving up to resistance level 4300.
Downtrend
A downtrend will start as soon, as the S&P 500 drops below support level 2982, which will be followed by moving down to support level 2924 and 2789.
(Click on image to enlarge)





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