S&P500 (ES), Friday forecast, July 17

S&P500 (ES), futures market
Friday forecast, July 17
Uptrend
An uptrend will start as soon, as the pair rises above resistance level 3212, which will be followed by moving up to resistance level 3221 – 3226.
Downtrend
The downtrend may be expected to continue, while pair is trading below resistance level 3212, which will be followed by reaching support level 3184.

Weekly forecast, July 13 – 17
Uptrend
The uptrend may be expected to continue, while pair is trading above support level 3184, which will be followed by reaching resistance level 3232 – 3339.
Downtrend
An downtrend will start as soon, as the pair drops below support level 3116, which will be followed by moving down to support level 2982.

Monthly forecast, July 2020
Uptrend
An uptrend will start as soon, as the pair rises above resistance level 3186 – 3224, which will be followed by moving up to resistance level 4300.
Downtrend
An downtrend will start as soon, as the pair drops below support level 2982, which will be followed by moving down to support level 2924 and 2789.

DISCLAIMER: All information provided by Anton Kolhanov is for informational purposes only. Information provided is not meant as investment advice nor is it a recommendation to Buy or Sell securities. Anton Kolhanov is not responsible for any losses arising from any investment based on any recommendation, forecast or other information herein contained. You should do your own thorough research before making any investment decisions and seek advice from an independent financial advisor

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