Forex Trading, News, Systems and More

S&P 500 Futures Technical Analysis (do not short… yet) | investingLive

S&P 500 Market Analysis Today:

Stocks are still climbing! The S&P 500 Futures is up again this morning, rising approximately a fourth of a percent from yesterday’s close, to 6363 points, building on its recent winning streak. Yesterday, it hit another record high, even though the Nasdaq paused its run.

What’s Driving the Market?

  • Earnings Buzz:

    Investors are pumped about corporate earnings. Despite a few disappointments, plenty of companies are beating expectations, fueling market excitement. Big tech results from Alphabet (Google) and Tesla are dropping soon, and everyone’s eyes are on those.

  • Bond Boost:

    Bond yields (basically, the returns from lending money to the government) are lower right now, making stocks look even more attractive.

  • Trade Drama:

    Trade talks and tariff concerns are still in the mix, adding some uncertainty, but so far, optimism is holding strong.

Yesterday on our Telegram Channel (@investingLiveStocks), I highlighted the key resistance line that S&P 500 E-mini Futures were struggling to break. Today, the bulls have clearly taken control, pushing the price firmly above this resistance.

More significant than that resistance line, however, is the purple VWAP line I pointed out in today’s video. Anchored from the breakout of the previous multi-month All-Time High, this VWAP confirms bullish momentum.

If you watch the S&P 500 futures technical anlaysis video above, you will see a straightforward yet professional way of reading the market’s story through technical analysis. It indicates that bulls currently dominate the market sentiment.

IMHO, shorting right now doesn’t make sense, especially with Alphabet’s earnings coming tonight. Here’s one clear reason to avoid shorts.

Remember: These are my personal opinions, not financial advice. Always do your own research and manage your risks carefully when trading S&P 500 Futures.

If you found this insight valuable, subscribe to our Telegram channel and visit investingLive.com (formerly ForexLive.com).

investingLive provides real-time market analysis and fast, reliable updates covering forex, stocks, commodities, and global markets, supporting informed decisions for professional traders 24/7.