S&P Futures hit 1780 when stock market closed at 4pm EST yesterday
It tried to stay above several times today but failed
Watch S&P Futures @ 1780 as it'll try to break & stay above again
Stronger resistance @ 1783 yesterday, which was S&P 500's 1790 yesterday
Highest point reached yesterday was 1785 (S&P 500's 1792)
No strong resistance confirmed for today yet
Fed's meeting today & tomorrow, with FOMC statement tomorrow, the market should be cautious not to go too high
But the market is still trying to go higher without strong supports, wait for it to fail & drop further below before selling
Results:
Sell S&P Futures @ 1780- 1 win (4 more at higher risk)
Sell S&P Futures @ 1783- 1 win
Resistance 1783 confirmed after S&P Futures failed to go higher above 1783 as it dropped further below 1783 to expire @ 1781 at 9am EST (Time shown in charts are EST+13hours)
Resistance 1780 confirmed as S&P Futures also dropped below 1780 & expired @ 1777.65 at 10am EST
4 more possible wins selling at higher risk below 1780 (below 1779 & 1778) after it dropped further below as it couldn't even reach 1780 anymore later
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