PennyBagsCapital

S&P500 on edge of Cliff or Launch Pad?

CME_MINI:ES1!   S&P 500 E-mini Futures
ES

Interesting point in the markets purely going off of a combination of diagonal/horizontal resistance and support lines and the 200 Day SMA. Couple these with current fundamentals and you can place your bets on direction. Keep it simple with levels to watch and you can trade this market with profit.

Levels I am watching:
$3291
$3230
$3062
$3026

Trade at your own risk and move with the market

- PennyBag

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