Daily Technical Trade Set Ups for Emini SP500 & Nasdaq |
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S&P 500 E-mini Futures ( ES1! ), H4 Potential for Bearish Drop
Type: Bearish DropKey Levels:Resistance:4049.00Pivot:3914.00Support:3757.50Preferred Case:Looking at the H4 chart, my overall bias for SPX is bearish due to the current price crossing below the Ichimoku cloud , indicating a bearish market. If this bearish momentum continues, expect price to continue heading towards the support at 3757.50, where the 161.8% Fibonacci line is.Alternative Scenario:Price could head […]