S&P Futures jumped to 1788 on Friday but dropped again, showing that it's still unstable, next resistance @ 1780
Look to sell S&P Futures @ 1780 or 1790 if it stays below & drops further, for 30 minutes expiration
Risk: 1780 is just a temporary resistance & can be broken easily
Also watch S&P 500 around 1770 or slightly higher for rebound (no strong support found yet)
Look to buy S&P 500 @ 1770 if it stays above & goes higher, for 30 minutes & end of day expiration
S&P 500 should stay above 1770 or risk dropping even further
Look to buy S&P 500 @ 1780 at higher risk if it stays above & goes higher, for 30 minutes expiration
Update:
Economic data worse than expected, not quite safe to buy anymore, buying will be at a higher risk
Results: Sell S&P Futures @ 1780- win
Buy S&P 500 @ 1770 or 1780- invalid
S&P Futures dropped from 1780 & even further to expire @ 1761.51 at 10am EST
S&P 500 dropped below 1780, 1770 & even further therefore signals to buy are invalid
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