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ES NQ Futures Trading
- Thread starter Jahajee
- Start date
Market may continue to try to rebound but the advance will be limited, possibly until the Fed's announcement at about 2:15 pm EST (although there isn't really anything they can announce or pronounce upon)
SPX: very strong resistance zone from 898 to 903; if it gets over this then look for a quick run to SPX 920.
More likely, SOX will fail to clear 903 and then head down to a strong support zone at 876/880
So, 898-903 resistance and 876/880 support - which one is overcome first?
Probably 876/880
July 6th is the next probable turn day.
SPX: very strong resistance zone from 898 to 903; if it gets over this then look for a quick run to SPX 920.
More likely, SOX will fail to clear 903 and then head down to a strong support zone at 876/880
So, 898-903 resistance and 876/880 support - which one is overcome first?
Probably 876/880
July 6th is the next probable turn day.