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S&P 500 Futures Technical Analysis (Do Not Short… Yet)

Yesterday I shared on our Telegram Channel (investingLive Stocks, get on Telegram and come over to @investingLiveStocks) that price is still fighting with a resistance line (the grey one shown in my video today) and now price has crossed it up, bulls won.

More important than that line is that purple VWAP line with the video that is anchored from the breakout of the previous multiple months All Time High.

This is a simple example of how to follow the story that a technica analysis can present to you. There are so many ways to read and tell and view the market is endless perspectives. It is a simple one, yet a professional one This is one of them. It shows the bulls are in control.

IMHO, you should not be shorting.

And Alphabet earnings report is coming tonight. Here is one reason you should not be shorting.

Again, THESE ARE OPIONONS AND NOT FINACIAL ADVICE. PLEASE DO YOUR OWN RESEARCH AND TRADE IN S&P 500 Futures AT YOUR OWN RISK ONLY.

If you found this helpful, subscribe to our channel and hop over to investingLive.com (formerly ForexLive.com).

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