The following Commodity Futures Market Analysis is the opinion of Optimus Futures. Click on the charts below to enlarge it.
S&P 500 Index Futures (ES)
The increased levels of volatility are not helping either, as sharp swings tethered to the 2800 and the 2600 price level continue to reflect a confused state of the market.
The strong bearish activity sparked off of strong resistance at the 2800 level which allowed the market to push past the mid-range 2700 level of support and
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