{"id":16731,"date":"2021-04-15T12:32:41","date_gmt":"2021-04-15T20:32:41","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=16731"},"modified":"2021-04-15T12:32:41","modified_gmt":"2021-04-15T20:32:41","slug":"stock-index-futures-climb-higher-es-chart-review-support-and-resistance-levels-4-16-2021","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/stock-index-futures-climb-higher-es-chart-review-support-and-resistance-levels-4-16-2021\/","title":{"rendered":"Stock Index Futures Climb Higher, ES Chart Review & Support and Resistance Levels 4.16.2021"},"content":{"rendered":"

_________________________________________________<\/span><\/b><\/em><\/p>\n

Voted #1 Blog and #1 Brokerage Services on\u00a0TraderPlanet\u00a0<\/a>for 2016!!\u00a0\u00a0<\/span><\/b><\/em><\/p>\n

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Dear Traders,<\/p>\n

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Stock index futures continue to climb higher.<\/div>\n
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The speed of the move and the slope of the move starting to slow down…..<\/div>\n
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Next objective S&P’S is 4205.<\/div>\n
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However, If S&P’s relax, we could retrace back<\/div>\n
to 4102.00. Then 4088.75 becomes SUPPORT. Finally, 4079 must HOLD.<\/div>\n
A CLOSE below neutralizes the SECULAR BULL TREND.<\/div>\n
Last SUPPORT is 4068.00.<\/div>\n
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The market speed, intraday behavior, volatility and more are MUCH different than what we saw prior to Good Friday. Almost as if someone flipped the switch….<\/div>\n
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Hourly SP500 chart for your review below, notice no “red bars”, mostly signals of trend resuming ( blue arrows) with a couple of possible “profit taking” in the form of red diamonds…..:<\/div>\n<\/div>\n
<\/div>\n
\"Mini<\/div>\n
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To access a free trial to the ALGOS shown in the chart along with other tools? (Slanted arrows possible buy, pink squares = possible exit\/ tighten stops) visit and\u00a0sign up for a free trial\u00a0<\/a>for 21 days with real-time data.<\/div>\n
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Good Trading<\/strong><\/h3>\n

Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors.\u00a0 You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time when it comes to Futures Trading.<\/p>\n

 <\/p>\n

Futures Trading Levels<\/strong><\/h3>\n

4-16-2021<\/p>\n

\"\"<\/div>\n

<\/h3>\n

Economic Reports, source:\u00a0<\/strong><\/h3>\n

\u00a0<\/a>www.BetterTrader.co<\/a><\/p>\n

\"\"<\/p>\n

 <\/p>\n

This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc<\/a>. Any statement of facts\u00a0here in\u00a0contained are derived from sources believed to be\u00a0reliable,\u00a0but are not guaranteed as to\u00a0accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own\u00a0judgement\u00a0in trading.<\/p>\n","protected":false},"excerpt":{"rendered":"

_________________________________________________ Voted #1 Blog and #1 Brokerage Services on\u00a0TraderPlanet\u00a0for 2016!!\u00a0\u00a0 _________________________________________________ Dear Traders, Like us on FaceBook! www.facebook.com\/CannonTrading Get Real Time updates and\u00a0market alerts on Twitter! Get Real Time updates and\u00a0more on our private FB group! https:\/\/business.facebook.com\/groups\/1105191589938254\/ Stock index futures continue to climb higher. The speed of the move and the slope of the move […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[67],"tags":[],"class_list":["post-16731","post","type-post","status-publish","format-standard","hentry","category-future-trading-news"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/16731","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/comments?post=16731"}],"version-history":[{"count":1,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/16731\/revisions"}],"predecessor-version":[{"id":16732,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/16731\/revisions\/16732"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=16731"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=16731"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=16731"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}