SP500: Uptrend will continue if it trades above 3028 level
S&P500 (ES), futures market Thursday forecast, May 28
Uptrend
The uptrend may be expected to continue, while pair is trading above support level 3028, which will be followed by reaching resistance level 3056.
Downtrend
An downtrend will start as soon, as the pair drops below support level 3028, which will be followed by moving down to support level 3008.
Weekly forecast, May 25 - 29
Uptrend
The uptrend may be expected to continue, while pair is trading above support level 2976.25, which will be followed by reaching resistance level 3056.
Downtrend
An downtrend will start as soon, as the pair drops below support level 2976.25, which will be followed by moving down to support level 2903.25.
Monthly forecast, May 2020
Uptrend
The uptrend may be expected to continue in case the market rises above resistance level 3000, which will be followed by reaching resistance level 3136 - 3211.
Downtrend
The downtrend may be expected to continue, while pair is trading below resistance level 2925, which will be followed by reaching support level 2717 and 2455.
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