Overview SP 500 FUTURES was unable to break above the strong resistance level at 4176 and fell below the important support zone, 4128 / 4110, decidedly yesterday. The selling pressure […]
SP 500 Futures Renko Chart Technical Analysis 5/17/21
Overview SP 500 FUTURES consolidated below 4176 within a very narrow range. The bulls need to break the 4164 / 4176 resistance zone in order to continue pushing the price […]
SP 500 Futures Renko Chart Technical Analysis 5/14/21
Overview SP 500 FUTURES continued the strong rebound from the recent low 4030. In 2 days, it has risen 145 points from 4030 to 4176, or 3.6% The buying power […]
SP 500 Futures Renko Chart Technical Analysis 5/13/21
Overview SP 500 Futures rebounded sharply today because of the short term oversold situation. In addition, it got the support from the uptrend trendline that connected the two lows, 3246 […]
SP 500 Futures Renko Chart Technical Analysis 5/12/21
Overview SP 500 Futures fell more than 2% today because the CPI numbers shocked the market. The CPI was up 4.2%, which was higher than the 3.6% expected. The more […]