Look to buy 3457. Any rally could take prices to the blue line(3675) or green line(3892)
$E-mini S&P 500 Futures(DEC4) (ESmain.US)$ $S&P 500 Index (.SPX.US)$ $Micro E-mini S&P 500 Index Futures(DEC4) (MESmain.US)$ $SPDR S&P 500 ETF (SPY.US)$
$E-mini S&P 500 Futures(DEC4) (ESmain.US)$ $S&P 500 Index (.SPX.US)$ $Micro E-mini S&P 500 Index Futures(DEC4) (MESmain.US)$ $SPDR S&P 500 ETF (SPY.US)$
4
1
Overnight trade hit a low 3614, rallied to high of 3665.
$E-mini S&P 500 Futures(DEC4) (ESmain.US)$ $Micro E-mini S&P 500 Index Futures(DEC4) (MESmain.US)$ $SPDR S&P 500 ETF (SPY.US)$ $S&P 500 Index (.SPX.US)$
$E-mini S&P 500 Futures(DEC4) (ESmain.US)$ $Micro E-mini S&P 500 Index Futures(DEC4) (MESmain.US)$ $SPDR S&P 500 ETF (SPY.US)$ $S&P 500 Index (.SPX.US)$
3
4
Should only be looking to buy at 3607. Now prices seems to be hovering at the 75% level.
$E-mini S&P 500 Futures(DEC4) (ESmain.US)$ $Micro E-mini S&P 500 Index Futures(DEC4) (MESmain.US)$ $S&P 500 Index (.SPX.US)$ $SPDR S&P 500 ETF (SPY.US)$ $Dow Jones Industrial Average (.DJI.US)$
$E-mini S&P 500 Futures(DEC4) (ESmain.US)$ $Micro E-mini S&P 500 Index Futures(DEC4) (MESmain.US)$ $S&P 500 Index (.SPX.US)$ $SPDR S&P 500 ETF (SPY.US)$ $Dow Jones Industrial Average (.DJI.US)$
3
2
Next target should be looking at 3703.75 to buy, interim support at 3736.
$E-mini S&P 500 Futures(DEC4) (ESmain.US)$ $S&P 500 Index (.SPX.US)$ $Micro E-mini S&P 500 Index Futures(DEC4) (MESmain.US)$ $SPDR S&P 500 ETF (SPY.US)$ $Dow Jones Industrial Average (.DJI.US)$
$E-mini S&P 500 Futures(DEC4) (ESmain.US)$ $S&P 500 Index (.SPX.US)$ $Micro E-mini S&P 500 Index Futures(DEC4) (MESmain.US)$ $SPDR S&P 500 ETF (SPY.US)$ $Dow Jones Industrial Average (.DJI.US)$
1
2
Went to a low of 3763.50, only 0.75pts lower than our target on its second test. A good 25pts retracement so far.
$E-mini S&P 500 Futures(DEC4) (ESmain.US)$ $S&P 500 Index (.SPX.US)$ $Micro E-mini S&P 500 Index Futures(DEC4) (MESmain.US)$ $SPDR S&P 500 ETF (SPY.US)$ $Dow Jones Industrial Average (.DJI.US)$
$E-mini S&P 500 Futures(DEC4) (ESmain.US)$ $S&P 500 Index (.SPX.US)$ $Micro E-mini S&P 500 Index Futures(DEC4) (MESmain.US)$ $SPDR S&P 500 ETF (SPY.US)$ $Dow Jones Industrial Average (.DJI.US)$
1
Target missed by 2.5pts. Not recommended to buy at same spot on retest (will need tight SL). Better to find lower target for safety.
$E-mini S&P 500 Futures(DEC4) (ESmain.US)$ $S&P 500 Index (.SPX.US)$ $Micro E-mini S&P 500 Index Futures(DEC4) (MESmain.US)$ $SPDR S&P 500 ETF (SPY.US)$
$E-mini S&P 500 Futures(DEC4) (ESmain.US)$ $S&P 500 Index (.SPX.US)$ $Micro E-mini S&P 500 Index Futures(DEC4) (MESmain.US)$ $SPDR S&P 500 ETF (SPY.US)$
We should be expecting rally to 4094 at least for now. We need to watch if rally decisively pierces this midline.
$E-mini S&P 500 Futures(DEC4) (ESmain.US)$ $Micro E-mini S&P 500 Index Futures(DEC4) (MESmain.US)$ $S&P 500 Index (.SPX.US)$ $SPDR S&P 500 ETF (SPY.US)$
$E-mini S&P 500 Futures(DEC4) (ESmain.US)$ $Micro E-mini S&P 500 Index Futures(DEC4) (MESmain.US)$ $S&P 500 Index (.SPX.US)$ $SPDR S&P 500 ETF (SPY.US)$
4
9
4020.5-4026 will be resistance area. Prices consolidating just below for sometime, might shoot either way. Brave ones can take to short at around 4026.
$E-mini S&P 500 Futures(DEC4) (ESmain.US)$ $Micro E-mini S&P 500 Index Futures(DEC4) (MESmain.US)$ $S&P 500 Index (.SPX.US)$ $SPDR S&P 500 ETF (SPY.US)$
$E-mini S&P 500 Futures(DEC4) (ESmain.US)$ $Micro E-mini S&P 500 Index Futures(DEC4) (MESmain.US)$ $S&P 500 Index (.SPX.US)$ $SPDR S&P 500 ETF (SPY.US)$
2
4
Market had a good bounce 28pts off the 50% mark at 3967, (hit a low of 3964.5). If 3967 fails to hold, we would be looking at 3862 target.
$E-mini S&P 500 Futures(DEC4) (ESmain.US)$ $Micro E-mini S&P 500 Index Futures(DEC4) (MESmain.US)$ $SPDR S&P 500 ETF (SPY.US)$ $S&P 500 Index (.SPX.US)$
$E-mini S&P 500 Futures(DEC4) (ESmain.US)$ $Micro E-mini S&P 500 Index Futures(DEC4) (MESmain.US)$ $SPDR S&P 500 ETF (SPY.US)$ $S&P 500 Index (.SPX.US)$