SP500 report pre-open 2nd October

SP500 report pre-open 2nd October 150 150 Realm

Technical Analysis emini S&P Futures (ES) 

Every day in our blog you can follow our short-term analysis of the most important financial instrument in the world.

Thursday’s session high came in at the 3387 Resistance, see yesterday’s highlighted comments. With the sell-off on news overnight, ES is printing below 3342.5, the minor poc and is in a weaker position. I wrote yesterday “A Value Area above 3387 (dashed line) would be the next positive to look for and confirm the Buyers are back in control”. This clearly hasn’t happened yet.

SP500 emini 2nd October 2020 – click to enlarge

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