S&P 500 E-mini Futures

CME_MINI

ES1!

chocotraders

Three Drives Simmetry Targets Roughly SPX 1000 in a couple of weeks. Followed by a bounce to somewhere between 2300/2500 (2500 being the 0.618 retrace of the move from 3397 to 1000).

Lexxrand

If the history rhymes, then we should be looking towards 1400 as the panic bottom...

mingjong

27 Mar 2020 - last hour sell off with big spread looks threatening. Yet, it still formed a higher low and within the H1 up channel. Expect a test of the bearish last hour bar during non-RTH on Monday. A break of the up channel and 2500 should send ES to test 2400-2450. Overall H1 structure - potential up thrust of 2550 level followed by a test (last hour bar on...

FireKnight

Hi Guys, looking for downside action overnight. Maybe start seeing accumulation at the 2330 level.

AlexSopa

With accordance to my previous analysis, I'm liking what I'm seeing on the daily chart. * Touching 20SMA & rebounding towards the lows * Sell off into the weekend showing fear in holding positions in the market (Fear equates to uncertainty) * Now #1 In cases of Covid-19 Price targets , 200$ , 180$ , Anything lower = global depression.

Ash_Catchem

Elliot Wave theory says we are going down further.

NCHammer

ES has retraced nearly 50% of its impulse wave. This sets it up for a short once the MA's and MACD turn bearish. Will be watching next week to see price action. I am still not quite bearish yet as the momentum has been so strong to the upside this past week. I am sure there re many traders wanting to short, but as we know, the market tends to punish the crowd. I...

hungry_hippo

Once again futures go the exact opposite direction as EOD trading, I thought we were going to get a small gap up so I was wrong there, but I made the right trade regardless by shorting garbage (BYND & ROKU). As you can see on the updated chart, we're on the bottom trendline, if that fails then it's tank city. RSI looks like it rolled over and MFI is still near...

the_sunship

I was wrong about the retrace starting today, obviously. My apologies. Two possibilities are shown. I do expect at least a retrace for tomorrow. Could it keep going up? Yes for sure! Always use stops. Good Luck!

SongWins

Target 1 for wave 4 reached, it's very unlikely that it will leg up to .5 fib level. With the bill passed and long weekend ahead, I'm going to enter puts. Have a safe weekend ya'll

ThinkingAntsOk

4H CHART EXPLANATION: Main Items we Observe on the Chart: -Price broke out the bearish channel, starting a bullish movement. -Currently, the price is inside a corrective structure and is trying to break out with low volume. -The las support of the price is the middle trendline of the weekly ascending channel. Based on this if the price breaks out below 2834.0...

forker

The white up-sloping lines are the lines of a LT Pitchfork. The dashed one is the WL1 (Warning-Line 1). Price was not able to find support above the WL1. So it's naturally break down and...we see a classic retest from below. Picture perfect rulebook trade! Then price trades south again and nearly meets the Centerline of the yellow Fork. The red dashed line is...

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captain_smollett

Weekly update with the outlook on my 5 favorite trading instruments where I place around 90% of the deals. These include: SPX , Gold , Crude Oil , EURUSD pair and the Emerging markets via USDRUB. If you like what you see, please fell free to hit the Like button and leave your comments. Disclaimer: By viewing this video you fully accept and agree that it...

MagicPoopCannon

Here, we're looking at the S&P500 weekly futures chart. Before we get into the analysis, I would like to say that I think there is probably 90-95% chance that the stock market has topped out. I say that because the formations on the chart suggest that the top is in for the stock market, and that isn't anything that was unexpected. I mean, if we simply take...

jacobcanfield

Panic and fear have gripped the markets. (and rightfully so) Just below is a list of a few of the things that are fundamentally driving the sell off: Corona Virus is being declared a pandemic. Massive supply shock from China due to supply chain issues. Potential country lockdowns and economic stagnation Oil prices are...

avka81

We are in a Chanel. Possible bounce here and we all should go short on the bounce for next week.

dryanhawley

In this Daily chart you can see how all the down waves could be simply an A-B-C correction before going higher.... But if they roll this over into a Bear market, an excellent place to risk a short with a catastrophic stop.

TheTruthSeeker

Wave 5 in progress possibly.