Worrisome Late Decline on S&P 500

CME_MINI:ES1!   S&P 500 E-mini Futures
After breaking out of a bottom Head and Shoulders on the 15 minute chart, S&P futures rallied to just below a resistance area at 2730-2740 (it touched 2726.75).Then, following a consolidation phase, the market dropped sharply in the last 30 minutes of trading. As a result, it broke the 200 MA and is now threatening to break through a support area circa 2660. A move through that area markedly increases the likelihood of an end to the recent rebound in S&P futures .
Comment: S&P futures tested the 2660 support level overnight, but an initial break through that level was quickly rejected. A subsequent retest this morning also held. S&P now looking positive.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out