December 24 – 28 Weekly Review

S&P 500 Weekly

The S&P 500 Weekly is showing another close in its recent weekly range. A multi week advance or decline should result from this consolidation. Until then, my outlook remains neutral.

The following daily charts for the Nasdaq 100 eMini futures and S&P 500 eMini futures are of important note for the H3 contracts.

ESH3 Daily

1446 – 1391 is the opening range for ESH3 contract.

NQh3 OR

2714 – 2594 is the opening range for NQH3 contract.

 

Analysis of the S&P 500