Tag Archives: SP500 Trend

S&P500 Futures Analysis – 29Dec2021

Hello Folks,
How are you doing? The S&P500 futures are at 4784.
Last 8 weeks have seen a lot of up/down in the S&P500 futures, but once 4700 was decisively broken out this week, the futures raced up towards 4800 level within 48 hours. It was a rapid move as we expected and shared in the previous mail on 16 Dec 2021. So that analysis has played out correctly, and staying long above 4700 closing basis gave about 80 points gain this week. It was suitable setup for our larger traders because that trade had a 50-50 chance of success.

S&P500 futures are in clear uptrend after their breakout above 4700 (after several failed attempts).
We should get 4840-4850 level before any major correction below 4700.
S&P500 futures have strong support at 4730-4750 level.
S&P500 futures have strong resistance at 4830-4850 level.

Here is an Optional Trade:
Buy at 4775 for Target 4825 and Stop 4755
Please Note: The above trade is suitable only for traders who are trading with 5-10 contracts (ES or MES), and in such a case, this trade can be done with 2-3 contracts. Thanks.

Please also see the tweet that was shared wide range of traders.

Overall, the underlying setup of the S&P500 is high risk (high volatility) currently with lots of US Fed related news, which can instantly move the market by 50 points up/down and hit stop loss in either direction. And that’s why we have been going slow and cautious since November. Thanks.

S&P500 Futures Analysis- 30Dec2020

The S&P500 futures are currently at 3733, and they are in clear uptrend, constantly trading above their 5 week EMA, which indicates strong uptrend, and the only thing to do here is to stay long above the 5 week EMA, which is currently at 3689.

The S&P500 futures closed today at 3721.50, doing a small red day, but they are still trading above the 10 week SMA (currently at 3605), and any move above 3730 can rapidly accelerate into a new rally towards 3750-3780 level.

The 10 day SMA is currently at 3706, and it is suitable for short term trading, so we can stay long above 3700 level. Our S&P500 Futures Trading Strategy is to stay long above 3700 for target 3760.