This One is Obvious: Next Level of Support in the S and P 500 Futures

After observing the technical analysis of the last post on the S and P 500 futures, observe the next level where we might expect to see consolidation – around the psychological 1900 price point. Observe where the rectangle is drawn in the chart. Failing to consolidate at this level should portend a continued sell-off.

After observing the technical analysis of the last post on the S and P 500 futures, observe the next level where we might expect to see consolidation – around the psychological 1900 price point.

Observe where the rectangle is drawn in the chart. Failing to consolidate at this level should portend a continued sell-off.

141008_083356_CQG_Integrated_Client_Chart_EPZ4_-_E-Mini_S&P_500_Dec_14_Daily