Rotuma

S&P 500 Futures have dropped below critical level at 3306.25

CME_MINI:ES1!   S&P 500 E-mini Futures
The Index has fallen below a critical support level at 3306.25 in the H4 time frame and will need to hold at the next crucial level at 3218.50 to avoid further decline.

The Index has dropped more than 7% from its previous highs at 3538.00 and could turn into a major pullback if it fails at the next three major levels at 3218.50, 3130.25, and 3041.50.

Comments

Great analysis! Congratulations! I'm very interested on your indicator- will you be launching it soon?
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Rotuma tttdiff
@tttdiff, Thanks, mate. I'll let you know when I'm ready to release to the public. cheers
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