S&P Futures rebounded from 1834 again although it's not a strong support
It's also forming resistance @ 1840
1840 might become turning point around 10am EDT when US economic data decides if it becomes support or resistance
High risk:
Buy S&P Futures @ 1834 or below 1840 (as low as possible) if it stays above & goes higher
Buy S&P Futures @ 1840 if it stays above & goes higher
Sell S&P Futures @ 1840 if it stays below & drops further
All for 30 minutes expiration
Results:
Buy S&P Futures @ 1834 or below 1840 (as low as possible)- win
S&P Futures fluctuated above & below 1840, dropped to 1836 & reached around 1840 at 10am EDT
Wait after 10am's economic data before buying/selling S&P Futures @ 1840 to avoid volatility
Sell S&P Futures @ 1840- win
After 10am, S&P Futures built more resistance @ 1840 & dropped to 1831
Buy S&P Futures @ 1834 or below 1840 (as low as possible)- win at higher risk
S&P Futures broke below 1834 as it wasn't a strong support, but quickly rebounded back up to 1840 again
Buy S&P Futures @ 1840- win
S&P Futures broke above 1840 turning point & went up higher as resistance @ 1840 turned into support
S&P Futures also stayed above 1840 for the rest of the day, buy around 1841-1842 at higher risk for more possible wins
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