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Emini S&P: All Time High At 2670.25

Published 12/13/2017, 05:19 AM
Updated 07/09/2023, 06:31 AM
ESZ24
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Emini S&P 500 Weekly Chart

Emini S&P all time high at 2670.25 is exactly at the important 6.5 year trend line resistance at 2665/2675. Nothing else matters in this contract. Bulls need a clear weekly close above here on Friday to start a new leg higher.

Failure to beat 2665/75 targets 2659/58 and minor support at 2652/50. On further losses look for the best support for today at 2647/45 but longs are way too risky now. If you are a scalper you can take some profit on shorts here but a break lower targets 2640/39.

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