S&P Futures dropped to 1773.45 but found support @ 1774 to rebound strongly until 1783 & drop
Resistance remains @ 1783 but might be broken above today as momentum is strong & it's staying above trend line
Look to buy S&P Futures @ 1783 if it breaks above & goes higher, for less than 30 minutes expiration
Look to sell S&P Futures @ 1780 if it drops further below to break the uptrend, for less than 30 minutes expiration
Trading during news would be highly risky
Results: Sell S&P Futures @ 1780- 2 wins
S&P Futures failed to break above 1783 then broke below trend line & 1780 after being further weakened by worse than expected economic data at 8:30am EST
S&P Futures dropped below 1780 & expired @ 1778.15 at 9am EST (Time shown in charts are EST+13hours)
Then it tried to stay above 1780 but failed & dropped again to 1775.45 at 10am EST
S&P Futures also stayed below 1780 for the rest of the day
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