S&P500: Future 4 hour chart - March 15th.

Zaktualizowano
S&P500 future – After previous analysis S&P made a turn around higher last week and the low of March 4th of 3722.92 held and we reached 3960. US/Crude Oil continued to trend higher and reached our target at 66.57 (Crude Oil analysis Jan 2th.)

Bear scenario:
It is important for bulls to hold the price zone of 3880 - 3850. Should this price zone be undercut, a furhter correction could push the bulls back into our price zone of 3820/00 – 3793 ect.

Bull scenario:
The next upside target is at - 3880 - 3910 and then 4005. Upside and downside targets see chart.

Always be prepared and trade one level at a time, as no one knows when we have a high or a low in place. The last one that occurred was the market panic in February/March of 2020.

A bear market is when a market typically fall 20% or more from recent highs.

If we break resistance it become support If we break support it become resistance. Buy and Sell confirmation: Bull market don’t buy if the RSI is overbought always wait for a pullback. Bear market only sell when the RSI is overbought or wait for a bounce.

Keep it simple and trade with the trend – you will never lose and live 10 years longer!

Uwaga
March 22th. Update: Chart no changes.

Bull scenario:
Bulls must recapture the price zone of 3910 - 3930 before we can expect further upside to 3950. If we break below 3930 then last chance for bulls is at 3900.

Bear scenario:
If 3900/10 fails and 3880 fail then we can expect further downside to 3850 - 3820 - 3800 then 3750 see chart.
Notice: It doesn´t matter if you trade future contracts or SPX the level difference is plus minus some points - the analysis is general for them all.
Trend Analysis

Germany30 and S&P500 Intraday analysis August 23rd. and weekly update 34. Posted at twitter: twitter.com/SP500_Dow
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