S&P 500 Futures support levels - 5*

S&P 500 Futures support levels

from Nifty charts and latest market updates by San

• ES Daily chart shows crucial support at 1287.50.
• Price has fallen below 200 SMA. A daily close below this level will favor bearish trades.
• Monthly candle looks bearish. Bears will be stronger if price starts to trade below 20 Month SMA.
• AUDUSD CHART ANALYSIS 
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  • SPX Falling wedge daily chart shows a range between 1291 and 1334
  • Price is also stuck between 20 and 200 DAY SMA.
  • Four hour chart shows a possible falling wedge pattern which will come into play if 20 Day SMA is taken out on closing basis.