S&P 500 Looks Too Sensitive To Face A Single Tremor
Satendra Singh | Jul 17, 2018 10:26AM ET
Since my last analysis of S&P 500 futures on July 17th, 2018 in different time frames, I’ve found that the current moves of S&P 500 futures are at crucial juncture due to growing worries of long term impacts of tariff trade war. I find that the S&P 500 futures look too sensitive to sustain their current levels. Extreme oil price volatility is indicative enough to warn of possible upcoming fluctuations in global equity markets which are swelling due to earning season. I find the following expected directional move of S&P 500 futures, if they find any shock at such a crucial juncture by July 29th, 2018. To understand the following charts in detail see my video .
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