As we begin 2015, there are plenty of opinions on this
year's potential stock index futures market returns. The median forecast
is around a 15% gain for 2015. Do you really put any faith in a
financial markets ommentator's opinion whose apparent job is to be
market cheerleader - a "perma-bull" perhaps???? Investors are getting
drunk on 25% returns over the past three years. Why should this year be
any different? Well let's technically analyze this market on a monthly
basis and come up with an objective strategy!
S&P 500 Futures - Monthly Continuation
Bottom Line Analysis:
Key
off 2036 as the long, or short trigger event. On any close above 2036
for S&P 500 futures look for monthly resistance points to be upside
targets. Conversely, if closes are below 2036 look for monthly support
levels as downside targets.Please share this article
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