S&P 500 Forecast - Tuesday, July 7

S&P 500 (ES), futures market
Tuesday forecast, July 7

Uptrend

An uptrend will start as soon, as the S&P 500 rises above resistance level 3164, which will be followed by moving up to resistance level 3186.

Downtrend

The downtrend may be expected to continue, while the S&P 500 is trading below resistance level 3164, which will be followed by reaching support level 3115.

Weekly forecast, July 6 - 10

Uptrend

The uptrend may be expected to continue, while the S&P 500 is trading above support level 3156, which will be followed by reaching resistance level 3231 - 3337.

Downtrend

A downtrend will start as soon, as the S&P 500 drops below support level 3156, which will be followed by moving down to support level 3112 - 2982.

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.