top of page

E-MINI S&P 500 Index (ES) Futures Technical Analysis

  • Writer: analysiswatch
    analysiswatch
  • May 6, 2021
  • 1 min read

June E-mini S&P 500 Index futures are buying and selling barely higher, nicely off its excessive and dangerous to check its low for the day, overdue the consultation on Wednesday.


Earlier the consultation, the S&P 500 era quarter turned into up approximately 0.9%. Six of the eleven main S&P 500 quarter rose in early afternoon buying and selling, with commodity-touchy sectors inclusive of electricity and substances growing 3.5% and 1.3%, respectively.


  • Defensive utilities fell 2.2% and actual property dropped 1.3%, main sectoral declines.

  • June E-mini S&P 500 Index futures are buying and selling 4160.75, up 2.50 or +0.06%.


Daily Swing Technical Analysis


An exchange thru 4211.00 will sign a resumption of the uptrend. A flow thru 4110.50 will trade the primary fashion to down.


The minor fashion is down. This is controlling the momentum. An exchange thru 4202.50 will trade the minor fashion to up. This will shift momentum to the upside.


The minor variety is 4211.00 to 4120.50. The index straddled its pivot at 4165.75 all through the consultation, suggesting a conflict among bullish fashion-investors and competitive counter-fashion investors.


The short-time period variety is 4110.50 to 4211.00. Its 50% degree or pivot is 4160.75. This degree turned into additionally straddled on Wednesday.


The foremost variety is 3843.25 to 4211.00. If the primary fashion modifications to down, then search for the promoting to likely increase into its retracement region at 4027.00 to 3983.73.



 
 
 

コメント


2b94f773-a237-4da7-a599-6b42314ed9e6.png

Risk Disclosure: AnalysisWatch will not accept any liability for loss or damage as a result of reliance on the information contained within this website including data, quotes, charts and buy/sell signals. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible. Currency trading on margin involves high risk, and is not suitable for all investors. Before deciding to trade foreign exchange or any other financial instrument you should carefully consider your investment objectives, level of experience, and risk appetite.
AnalysisWatch would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore AnalysisWatch doesn’t bear any responsibility for any trading losses you might incur as a result of using this data.

bottom of page