S&P 500 (ES), futures market
Wednesday forecast, July 1
Uptrend
An uptrend will start as soon, as the S&P 500 rises above resistance level 3073, which will be followed by moving up to resistance level 3093 - 3101.
Downtrend
The downtrend may be expected to continue, while the S&P 500 is trading below resistance level 3073, which will be followed by reaching support level 3059 and if it keeps on moving up above that level, we may expect the S&P 500 to reach resistance level 3030.
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Weekly forecast, June 26 - July 3
Uptrend
An uptrend will start as soon, as the S&P 500 rises above resistance level 3038, which will be followed by moving up to resistance level 3112.
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.
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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.
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