TrainingTrader

S&P500 consolidates at resistance zone

CME_MINI:ES1!   S&P 500 E-mini Futures
The S&P500 index continues to struggles at the resistance region.

We maintain the stance that the breakout of the 4180 resistance region can potentially push price towards the 4300 recent high region.
However any downside breakout of the 4100 region can potentially drag price towards the 4050 support region.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.