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E-MINI S&P (H3): Directional Triggers Defined

EQUITY TECHS
  • RES 4: 4194.25 High Sep 13
  • RES 3: 4180.00 High Dec 13 and the bull trigger
  • RES 2: 4090.75 High Dec 14
  • RES 1: 4056.75 High Jan 23
  • PRICE: 4043.00 @ 07:11 GMT Jan 26
  • SUP 1: 3901.75/3891.50 Low Jan 19 / Low Jan 10
  • SUP 2: 3788.50/78.45 Low Dec 22 / 61.8% of Oct 13-Dec 13 uptrend
  • SUP 3: 3735.00 Low Nov 3
  • SUP 4: 3670.00 76.4% retracement of the Oct 13 - Dec 13 uptrend

S&P E-Minis have recovered from yesterday’s low. Attention is on key S/T resistance at 4056.75, Jan 23 high. A break of this level would confirm a resumption of recent bullish activity and signal scope for a climb towards 4100.00 and key resistance at 4180.00 further out, the Dec 13 high. The key short-term support to watch lies at 3901.75, the Jan 19 low. A break would be bearish. 4056.75 and 3901.75 represent important directional triggers.

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