CME_MINI:ES1!   S&P 500 E-MINI FUTURES
After weeks of record gains, the S&P500             is showing cracks in its armor. Will it manage to race up in attempt to reach prior record tops?

I am considering shorts if 2365 breaks or if price bounces off 2372 or 2375 to the downside. It has already bounced off 2375 on Friday, so a clean break through it to the upside next week would be a bullish sign (at least temporarily). I will also consider longs if price breaks through 2372 to the upside or if it bounces off 2365.

Potential profit targets (depending on price action) include 2381, 2385 and 2396 if price goes long. Short I'm just going to let it ride as long as momentum's on my side.

Overall, my bias is still slightly more short than long due to a bearish regression. Having said that, we closed smack in the middle of Friday's value range, so it's not super clear what will happen early on next week. A clean break of either 2365 or 2375 will likely set the tone for next week.
Stayed inside Friday's value range...no trend as of yet :/
Antworten
@TradeApe a well balanced look - can't agree any more
Antworten
DE Deutsch
EN English
EN English (UK)
EN English (IN)
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
Startseite Aktien-Screener Devisen Signal-Finder Kryptowährung Signal-Finder Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden