CME:ES - INX SPX S&P 500 Index Futures prices Long term Forecast - up to 3656 - Stock trading today
<S&P 500 index futures weekly chart, CEM: ES> |
I think the stock indexes will continue to rise. On April 4th, I said the S&P 500 Index Futures will rise to 3656 and 2875 is very important. Now, as expected, they are breaking 2875 strongly. As said, this shows clearly that the S&P 500 Index futures will rise even higher. Perhaps, the market will show people a very steep rise that they have never seen before.
Of course, the 2900 is a very strong resistance line. They are likely to fluctuate. Perhaps the market will drive traders into a very frightening situation. I do not know when the opportunity to buy will come. I will wait outside the market.