Technical & Trade ViewSP500 (emini futures contract)Bias: Bullish Above Bearish below 3770TechnicalsIntraday 3800 is primary supportPrimary pattern objective is 4125Acceptance above 3930 next pattern confirmationFailure below 3770 opens a test of 373020 Day VWAP bullish , 5 Day VWAP bullishNotes Goldman Sachs institutional trading desk notes that Commodity Trading Advisors (CTA’s) 'are still Buyers: Over 1 week in a flat tape = $38bn to buy/ Over 1m flat tape= $37B to buy (significant portion of this is in FTSE100). Based on our math they bought $43last week and bought 79bn in last month. We crossed back through the short-term trigger level today: 3804'
from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/sp500-targeting-a-test-of-4125"
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