Today’s S&P 500 expiration spread is just 16 points.
Using the 2795 strike, that leaves us with a range of 2779-2806.
All eyes on those levels (+/- a few points) for reversals.
Stocks continue to trade under divergence. This may work itself out through sideways price action. But this will likely produce choppy price action.
See today’s video for trading analysis and outlooks for all 3 major stock market futures indexes, as well as Crude Oil and Gold.
Watch your support / resistance levels!
Stock Market Futures Update – February 27, 2019
Twitter: @AnneMarieTrades
The author trades stock market futures every day and may have a position in mentioned securities at the time of publication. Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.
