Micro E-mini S&P 500 Index Futures approaching ATHs @ 4841.50
Wednesday, January 10, 2024 @ 9:14am (price at 4792.75)
Monthly
- Fibonacci📈 marked to the upside from low of March 2020 (2174.00) to December 2023 high (4841.50)
- Inside (consolidation) month, price is currently above Dec 2023 50% level (4695.25)
- MACD continues on an uptrend for the 3rd straight month
- RSI currently at 61.91 moving sideways
Weekly
- Inside week, bullish🎯4828.00; bearish🎯4702.00
- MACD curling down, RSI moving sideways at 65.60
Daily
- 2u-2u-2u continuation @4792.75 (currently not enforced)
- MACD curling to the upside
- RSI moving sideways at 61.05
- 0.618 Fib 📉 to the downside being touched at the 4788.25 level. If price goes above 0.9 fib📉 (4827.50), price may continue to all-time highs at 4841.50.
Monthly
- Fibonacci📈 marked to the upside from low of March 2020 (2174.00) to December 2023 high (4841.50)
- Inside (consolidation) month, price is currently above Dec 2023 50% level (4695.25)
- MACD continues on an uptrend for the 3rd straight month
- RSI currently at 61.91 moving sideways
Weekly
- Inside week, bullish🎯4828.00; bearish🎯4702.00
- MACD curling down, RSI moving sideways at 65.60
Daily
- 2u-2u-2u continuation @4792.75 (currently not enforced)
- MACD curling to the upside
- RSI moving sideways at 61.05
- 0.618 Fib 📉 to the downside being touched at the 4788.25 level. If price goes above 0.9 fib📉 (4827.50), price may continue to all-time highs at 4841.50.