What are the perspectives of S&P500 futures?

 

 

 

 

 

 

 

Last week’s support and resistance levels of S&P500 futures 1197.50 and 1177.00 remain the key levels to decide this week’s mid-term tendency.

 

 

 

Despite the fact that the last week ended up with big-scale purchases the uptrend may continue only after the price consolidates above last week’s volume at 1211.00

 

 

Among the market sectors the financial one showed a decline last week. This week the tendency continues:

 

 

 

THIS WEEK’S MAIN ECONOMIC DATA FOR THE US

 

 

 

According to the principles of the new tech analysis by Masterforex-V, a genuine breakout of some level is not just a “pinhole”, but the settlement of the price at the other side of the level (above/below it).

 

 

 

 

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