Tag "s&p 500 futures"

S&P 500 Futures Trading Outlook For March 29

March 29, 2017 – S&P 500 (INDEXSP:.INX) Trading Considerations Higher lows yesterday set the table for another rally into upside resistance. Momentum is mixed so traders will need to be patient for setups. See key futures trading levels below.   S&P 500 Futures (ES) Higher lows as expected yesterday gave…

S&P 500 Futures Trading Outlook For March 28

S&P 500 Futures (ES) Considerations For March 28, 2017 After a bottoming process early in the day yesterday, the S&P 500 Index (INDEXSP:.INX) rallied nicely to fill the gap created by the downward open of the charts. After filling the gap in the overnight session, we have begun a fade into…

S&P 500 Futures Trading Outlook For March 27

Stock Market Futures Considerations March 27, 2017 We begin the morning testing very important support levels of support. If lost, the S&P 500 Index (INDEXSP:.INX) could make a 100% retracement into the breakout area of February 9, 2017.  Check out today’s economic calendar with a full rundown of releases.  And note that the charts…

Stock Market Futures Weekly Trend Analysis – March 27

THE BIG PICTURE With week 12 in the books, the major stock market indices continue to a pullback withing a broader move to the upside – an ongoing uptrend holding above each indices respective 50/144 ema and key moving averages (50, 200) on higher time frames. Note that you can find last…

S&P 500 Technical Trading Update and Outlook – March 24

S&P 500 Futures: (2-3 Days) Bearish Heading into the last day of the week, the short-term trend for the S&P 500 (INDEXSP:.INX) remains down. A bounce is occurring across the stock market indices but it has thus far failed to make enough progress to think lows are in place. Until futures prices can…

S&P 500, Nasdaq, and Crude Oil Futures Outlook For March 24

Stock Market Futures Considerations For March 24, 2017 Range bound behavior on the S&P 500 (INDEXSP:.INX,) is visible as the bottoming event I mentioned yesterday held.  This morning we are seeing a bounce higher.  The short-term bottoming formation will likely be tested and that will be telling for near-term market direction….

S&P 500 Futures Trading Outlook For March 23

S&P 500 Futures Trading Considerations for March 23, 2017 The S&P 500 (INDEXSP:.INX) held support yesterday but a test is likely to occur soon on futures.  2351 to 2355 will be the levels to watch today – buyers will become braver if they can maintain these levels.  Technical price support levels sit…

S&P 500 Futures Trading Outlook For March 22

Stock Market Considerations For March 22, 2017 Momentum selling aggravated a move downward below key weekly support levels. The S&P 500 (INDEXSP:.INX) is trying to bounce… Check the support levels in the commentary below and on the charts. Check out today’s economic calendar with a full rundown of releases. Note that the charts below…

Stock Market Futures Trading Outlook For March 21

Stock Market Considerations For March 21, 2017 Stocks look poised to rise today but traders will need to keep an eye on overhead resistance. Key technical support levels continue to find buyers… bulls want this to hold through the week and see follow through higher.  Check out today’s economic calendar with a full rundown of…

S&P 500 Futures Trading Outlook For March 20

Stock Market Futures Considerations For March 20, 2017 The S&P 500 (INDEXSP:.INX) is bouncing off support and looks to consolidate at higher prices. As for commodities, crude oil is rangebound while the buy rating on Gold last week from GS holds the precious metals higher but into consolidation. Check out today’s economic…