The chart displays the S&P 500 E-mini Futures (4-hour timeframe) with technical analysis indicators. Key features include:
Current Price: 5,628.25 (SELL) and 5,629.25 (BUY).
Recent Movement: The price recently bounced from a low and is projected to reach 5,676.00 by March 17, 2025, before potentially dropping to 5,392.50 by March 24, 2025, reflecting a decline of -283.50 points (-4.99%) in 7 days.
Fibonacci Levels:
0.5 retracement levels at 5,836.25 and 5,641.75.
Extension levels indicate potential further declines below 5,352.00 and 5,253.75.
Pivot Points: Marked at multiple levels (e.g., 5,935.50 and 6,166.50) for resistance and support.
Volume: 410.25K with a daily gain of +112.50 points (+2.04%).
Projection: The blue arrow suggests a bearish outlook after a short-term rise, with a significant price drop expected.
This chart is likely part of a trading strategy based on Fibonacci retracements, pivots, and projected price movements.
Current Price: 5,628.25 (SELL) and 5,629.25 (BUY).
Recent Movement: The price recently bounced from a low and is projected to reach 5,676.00 by March 17, 2025, before potentially dropping to 5,392.50 by March 24, 2025, reflecting a decline of -283.50 points (-4.99%) in 7 days.
Fibonacci Levels:
0.5 retracement levels at 5,836.25 and 5,641.75.
Extension levels indicate potential further declines below 5,352.00 and 5,253.75.
Pivot Points: Marked at multiple levels (e.g., 5,935.50 and 6,166.50) for resistance and support.
Volume: 410.25K with a daily gain of +112.50 points (+2.04%).
Projection: The blue arrow suggests a bearish outlook after a short-term rise, with a significant price drop expected.
This chart is likely part of a trading strategy based on Fibonacci retracements, pivots, and projected price movements.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.