3892 Was Key To This Week's Rally in The S&P's Long

E-mini S&P 500 FuturesCME

Description

⋅ Jun 28, 2022 2:01 PM

Last Friday's bullish thrust higher above 3871 (ORANGE) was the first technical sign that the bulls were taking control. On Monday we tried to move lower but held the 3892 level (GREEN), further building the bullish case. Next target? 4039 (ORANGE)

Support and Resistance Volatility