NewsFeeder
07-15-2018, 04:07 AM
E-mini S&P 500 Index (ES) Futures Technical Analysis – Closed on Bullish Side of Major Retracement Zone at 2755.25 to 2713.75
Based on last week’s price action and close at 2803.25, the direction of the September E-mini S&P 500 Index is likely to be determined by trader reaction to a pair of Gann angles at 2793.00 and 2789.25. Basically, there is plenty of room to the upside with resistance staggered if buyers can sustain the rally over 2793.00 this week. Falling back under 2755.25 will be the first sign of a shift in momentum to down.
https://finance.yahoo.com/news/e-mini-p-500-index-032131534.html?.tsrc=rss
Based on last week’s price action and close at 2803.25, the direction of the September E-mini S&P 500 Index is likely to be determined by trader reaction to a pair of Gann angles at 2793.00 and 2789.25. Basically, there is plenty of room to the upside with resistance staggered if buyers can sustain the rally over 2793.00 this week. Falling back under 2755.25 will be the first sign of a shift in momentum to down.
https://finance.yahoo.com/news/e-mini-p-500-index-032131534.html?.tsrc=rss