S&P 500 E-mini Futures H4 critical support and resistance level
S&P 500 E-mini Futures H4 critical support and resistance level to watch
We have seen a pullback to around Feb 2020 highs and the pre-crash level, which is around 3394.25, a critical level that could determine the market's future direction.
I think the Index needs to remain above 3394.25. to head back up. The Index fell Friday's session below 3394.25 and was down close to 3340.00 support but managed to get back above the critical level at 3394.25.
Another critical level to watch is at around the bottom of the price channel at 3306.25
The support and resistance estimates on this chart are based on my support and resistance Indicator, which calculates the critical levels and draw lines and price labels. It also estimates future levels based on past events and current price action.
We have seen a pullback to around Feb 2020 highs and the pre-crash level, which is around 3394.25, a critical level that could determine the market's future direction.
I think the Index needs to remain above 3394.25. to head back up. The Index fell Friday's session below 3394.25 and was down close to 3340.00 support but managed to get back above the critical level at 3394.25.
Another critical level to watch is at around the bottom of the price channel at 3306.25
The support and resistance estimates on this chart are based on my support and resistance Indicator, which calculates the critical levels and draw lines and price labels. It also estimates future levels based on past events and current price action.
