Bull Cycle In S&P E-Minis Remains Intact

article image
Jun-25 14:37By: Taso Anastasiou
S&P-500
  • The trend condition in S&P E-Minis remains bullish.
  • This week’s fresh cycle high confirms a resumption of the uptrend that started Apr 7.
  • Sights are on 6200.00 and 6281.12, the 1.50 and 1.618 projections of the Apr 7 - 10 - 21 price swing.
  • Key support remains at the 50-day EMA.
  • A clear break of it would signal a reversal. 
ESU5 Index_25