SP500 Futures Trading Strategy here is to stay long above 4300 for target 4380. The current/closing price was 4320. The momentum is recovering while price is still falling; so price should also recover in the next 2-3 days. Stop loss of 4300 will protect against any major downside. There is a strong resistance zone between 4380 and 4400, so after existing at 4380, any new long trades should be considered only above 4400, or above 4410 to be safer.
The S&P500 futures (ES) have been holding above their 10 day moving average, which is currently at 4590. As long as they are above this level, the immediate target is 4630. The momentum indicator (CCI) shows the momentum is gradually falling after the recent spike. The S&P500 futures are in uptrend, and there is a resistance at 4630. The support is at 4580, and therefore 4580 should be the stop loss on all long positions.