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Emini S&P Spiked Down To 2564/62

Published 11/15/2017, 02:25 AM
Updated 07/09/2023, 06:31 AM

Emini S&P 500 Chart

Emini S&P has spiked to down to 2564/62 on one day in each of the past 3 weeks...including this week and seen a strong bounce. However a break below 2560 is more likely now, targeting an excellent buying opportunity at 2554/52. Stop below 2548.

Bulls need prices to hold above 2575 to target 2581/82, perhaps as far as resistance at 2585/87. Above here in the short term sideways allows a retest of the 2592/94.50 all time high. Above 2595/97 targets 2603.

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