Sunday Homework

The bulls and bears really did not do anything decisive the latter part of last week. Bears need a 3317 to really get this moving lower and still overall bullish over 3217. See how it opens on Sunday night. If we open up and bears can take Friday’s low then we should 3330 and 3325. I think you could probably attempt a long 3326-27 with a stop at 3325. If that holds you should see that 30 and maybe higher. I also like an offer up around 3377-78 with a stop at 3381. Bears need to see that area rejected again for a hope at lower and you have stuck bulls in that zone.

ES S&P 500 Daily futures chart

ES 09-20 (Daily)  4_22_2020 - 8_14_2020.jpg

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