S&P500 (ES), futures market
Tuesday forecast, March 31
Uptrend
The uptrend may be expected to continue in case the market rises above resistance level 2634, which will be followed by reaching resistance level 2665 - 2681.
Downtrend
A downtrend will start as soon, as the S&P 500 drops below support level 2595.25, which will be followed by moving down to support level 2567.50 and if it keeps on moving down below that level, we may expect the S&P 500 to reach support level 2495.
(Click on image to enlarge)
Weekly forecast, March 30 - April 3
Downtrend
The downtrend may be expected to continue in case the market drops below support level 2411, which will be followed by reaching support level 2316 and 2174.
Uptrend
An uptrend will start as soon, as the S&P 500 rises above resistance level 2560.75, which will be followed by moving up to resistance level 2634.50 and 2733.75, and if it keeps on moving up above that level, we may expect the S&P 500 to reach resistance level 2930.50.
(Click on image to enlarge)
Monthly forecast, April 2020
Uptrend
The uptrend may be expected to continue, while the S&P 500 is trading above support level 2411, which will be followed by reaching resistance level 2733.75 and 2930.50.
Downtrend
A downtrend will start as soon, as the S&P 500 drops below support level 2411, which will be followed by moving down to support level 2111.00.
(Click on image to enlarge)
Comments
Log in or sign up to join the conversation.