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S&P 500 E-mini Futures

S&P Futures

By TradingwDavid
On the S&P FUTURES is forming a particular candlestick "pattern", a checkmate. A (bullish) checkmate consists in a series of long black (red) candles followed by white (green) candles (or small real bodies) near the same support level, and reveals that the bears’ drive is being “checkmated”. If the current candle will be green, then most likely we are going to see a bounce with the target in the area 2750/2800.
Beyond Technical AnalysisCandlestick analysiscandlestickpatternChart PatternsS&P 500 E-Mini FuturesS&P 500 (SPX500)spxfuturesTrend Analysis
TradingwDavid
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