S&P500 Forecast, Wednesday, July 15

An uptrend will start as soon, as the pair rises above resistance level 3216, which will be followed by moving up to resistance level 3226 - 3231

S&P500 (ES), futures market
Wednesday Forecast, July 15
Uptrend
An uptrend will start as soon, as the index rises above resistance level 3216, which will be followed by moving up to resistance level 3226 - 3231.
Downtrend
The downtrend may be expected to continue, while index is trading below resistance level 3216, which will be followed by reaching support level 3198 - 3184.

Weekly Forecast, July 13 - 17
Uptrend
The uptrend may be expected to continue, while index is trading above support level 3184, which will be followed by reaching resistance level 3232 - 3339.
Downtrend
An downtrend will start as soon, as the index drops below support level 3116, which will be followed by moving down to support level 2982.

Monthly Forecast, July 2020
Uptrend
An uptrend will start as soon, as the index rises above resistance level 3186 - 3224, which will be followed by moving up to resistance level 4300.
Downtrend
An downtrend will start as soon, as the index drops below support level 2982, which will be followed by moving down to support level 2924 and 2789.

 

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