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SP500 report pre-open 4th September

SP500 report pre-open 4th September 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.

See yesterday’s pre-open comments, highlighted on chart. I wrote >>Market “may” be in an acceleration move into a top, therefore I have moved a trading stop (daily time-frame) to a day-session close below 3534 which is the low of yesterday’s Aggressive Buying day<<.

That certainly occured with yesterday’s sharp sell-off. Aggressive Buyers have been severely disrupted. There is Support at the 3370.50 poc but it is relatively minor. Aggressive Buying (green) marked above 3370.50. or Aggressive Selling marked below it would be useful guidance.

SP500 emini 4thSeptember 2020 – click to enlarge

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