An attempt to increase the index to the level of 4042, the level of 3958 is still relevant.

SP500 Technical Analysis ES1! futures S&P 500 Index 3-9-23

Due to the market situation today I publish a post with a delay.

What’s on the market now:

Today the S&P500 (ES1!) is trading at 3995. Yesterday we saw the price move towards the target zone at 3958 that I mentioned earlier. However, the sellers had little strength to put pressure on the buyers. As a result of yesterday’s day, we saw the stabilization of the market and an attempt to turn the index up. Globally, the market is still positive.

If you didn’t see my analysis yesterday, you can check it out here.

ES1! SPX 500 Index 03-09-23 4h

What today:

Today at the open of the market, I expect the market to try to rise to the level of 4042. However, if this attempt is frustrated, we will see the index fall to the level of 3958.

ES1! SPX 500 Index 03-09-23 1h

 

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