+++++++++++++ S&P FUTURES ++++++++++++
VEA MARKET REPORT: SEPT. E-Mini S&P 500 Futures (ES)
Always Released before 8 am ET. (For Today’s Economic News: http://mam.econoday.com/ )
Weekly SPY Options (SPDR S&P 500 ETF TRUST): JULY 14-2017
DAILY AXE ======== R = 2450.75 S = 2436.00
WEEKLY AXE ====== R = 2435.50 S = 2410.50
MONTHLY AXE ===== R = 2438.00 S = 2388.25
QUARTERLY AXE === R = 2485.75 S = 2325.75
Look for Bulls to have control ABOVE 2447.75
Look for Bears to have control BELOW 2447.75
DAILY (1440min) EXHAUST ====== R = 2462.50
HC CHART (50K) EXHAUST ======= R = 2447.75
FC CHART (10K) EXHAUST ======= R = 2447.75
Today we say,
Daily/intra-day is exhausting up. We are below Daily UEB (outside inside) Let’s see if 2448.25 is going to hold as R today?
BEST BET: Below 2447.75 we flush to 2436.00? Above we pop to 50.75-53.50?
Yesterday we said,
Daily is exhausting with intra-day showing signs of exhausts also. Let’s see if Daily EB termination will hold as R and if we can lose the Daily C wave up below 34.50?
BEST BET: Below 2440.00 we flush to 24.25-34.50? Above we pop to 48.50?