S&P 500 Futures (ES) (January 31st 2021 through February 2021)
Low: 3,466 - 3,602 points
High: 3,852 points
Weekly update
I think we could find a lower low and either make or break support at around 3,600 points this week. If support holds in the coming weeks, the major trend could still be bullish and new ATHs could still potentially be found later on. If support does not hold, I'm looking for a bounce off the lower trend line near 3,400 points next.
I've attached some of the other short term updates and long term bullish projections in related ideas below:
Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
Low: 3,466 - 3,602 points
High: 3,852 points
Weekly update
I think we could find a lower low and either make or break support at around 3,600 points this week. If support holds in the coming weeks, the major trend could still be bullish and new ATHs could still potentially be found later on. If support does not hold, I'm looking for a bounce off the lower trend line near 3,400 points next.
I've attached some of the other short term updates and long term bullish projections in related ideas below:
Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
