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E-MINI S&P (H3): Trades Through The 50-Day EMA

EQUITY TECHS
Homepagemarkets-real-timeBulletMarketsFixed Income NewsForeign Exchange News
  • 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: 4035.25 High Jan 18
  • PRICE: 3924.75 @ 06:57 GMT Jan 20
  • 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 traded lower again Thursday. A key short-term resistance has been defined at 4035.25, the Jan 17 high and price has traded through support at 3930.77, the 50-day EMA. A clear break would highlight a potential bearish reversal and expose 3891.50, the Jan 10 low. On the upside, the contract needs to clear 4035.25 to cancel any developing bearish threat and confirm a resumption of recent bullish activity.

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  • 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: 4035.25 High Jan 18
  • PRICE: 3924.75 @ 06:57 GMT Jan 20
  • 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 traded lower again Thursday. A key short-term resistance has been defined at 4035.25, the Jan 17 high and price has traded through support at 3930.77, the 50-day EMA. A clear break would highlight a potential bearish reversal and expose 3891.50, the Jan 10 low. On the upside, the contract needs to clear 4035.25 to cancel any developing bearish threat and confirm a resumption of recent bullish activity.