S&P500 Futures Analysis-12June2020

Friday, 12 June 2020, was a volatile day with 100 points intraday range between the day high and day low, and the futures tested the 3000-3020 level multiple times, and finally closed above 3020, which is the 200 day SMA, and that was a positive outcome.

3180 is the strong resistance on the upside. Traders should stay long above 3000 for target 3180. Thanks.

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