S&P 500 (ES), futures market
Wednesday forecast, March 4
Uptrend
The uptrend may be expected to continue in case the market rises above resistance level 3972, which will be followed by reaching resistance level 3095.50 and 3137.25.
Downtrend
A downtrend will start as soon, as the S&P 500 drops below support level 3024, which will be followed by moving down to support level 2988 - 2972.75.
(Click on image to enlarge)
Weekly forecast, March 2- 7
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)
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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