S&P 500 (ES), futures market
Tuesday forecast, March 3
Uptrend
The uptrend may be expected to continue, while the S&P 500 is trading above support level 3045.50, which will be followed by reaching resistance level 3099.75 and 3128.25.
Downtrend
An uptrend will start as soon, as the S&P 500 rises above resistance level 3045.50, which will be followed by moving up to resistance level 3024 and if it keeps on moving down below that level, we may expect the S&P 500 to reach support level 2988.
(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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