Emini S&P: Above 2700 Will Ensure They Can Push Higher For 2706/07

Published 01/02/2018, 06:35 AM
Updated 07/09/2023, 06:31 AM

Emini S&P

Emini S&P first support at 2475/74 but better support at 2670/68 could hold the downside again. Longs need stops below 2663. A break lower targets 2658/57 and 2650/49 but look for an excellent buying opportunity at 2645/43, with stops below 2638.

Bulls need to hold today's recovery above 2680/79 to retain short term control targeting 2687/89 with all important 6.5 year trend line resistance at 2690/2694 key to direction this week. Therefore bulls obviously need a break above the all time high at 2698 to break this important resistance and continue the bull run. Above 2700 will ensure they can push higher for 2706/07 and 2713/14.

Latest comments

Loading next article…
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.