E-mini S&P futures a selling opportunity on more price weakness.
See on the daily bar chart for the e-mini S&P futures that prices have backed well down from the recent high and the bears now have downside near-term technical momentum. A move below chart support at Monday’s low of 1,824.90 would become a selling opportunity. The downside price objective would be 1,760.00, or below. Technical resistance, for which to place a protective buy stop just above, is located at 1,850.00.
