SP500 report pre-open 22nd July

SP500 report pre-open 22nd July 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.

On Monday Aggressive Buying was marked on the SP500 futures (ES). Tuesday’s Value Area was higher. First Level Support is at 3202.50 (12mn poc). Price printing time below that level would now be first sign of weakness. On Tuesday ES reached its highest level since February.

SP500 emini 22nd July 2020 – click to enlarge

Disclaimer:  ‘Where the business has expressed opinions, they are based on current market conditions, they may differ from those of other investment professionals and are subject to change without notice. The information contained within this communication is believed to be reliable but Realm Investment Management Limited does not warrant its completeness or accuracy. This communication is not intended as a recommendation to invest in any particular asset class, security or strategy. Regulatory requirements that require impartiality of investment/investment strategy recommendations are therefore not applicable nor are any prohibitions to trade before publication. The information provided is for illustrative purposes only, it should not be relied upon as recommendations to buy or sell investments.’