S&P 500 Forecast, Technical Analysis

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  • S&P500, ES futures market
    Tuesday forecast, February 25

    Uptrend

    The uptrend may be expected to continue, while pair is trading above support level 3220, which will be followed by reaching resistance level 3259.50 and if it keeps on moving up above that level, we may expect the pair to reach resistance level 3285.50.
    Downtrend
    An downtrend will start or from resistance 3259.50, or as soon, as the pair drops below support level 3213.75 which will be followed by moving down to support level 3180.75.

     

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