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UnknownUnicorn3655453
Mar 22, 2020 8:06 AM

2100 S&P is too obvious to hold Short

E-mini S&P 500 FuturesCME

Description

Anyone watching current price action for a sensible potential long entry is looking at 2100 and will likely bid the entire zone if we reach there, meaning it will certainly breakdown. I'll be watching for a swing to the clean lows ~1800 at least, nobody knows when this will end.

With the current situation with the virus, I think this move will definitely be sustained until more significant positive developments.

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