Clean Energy Futures

All about market futures in the green energy industry
How High Is The S&P 500 Going ?

S&P 500 Futures—The S&P 500 in the March contract is trading higher for the 3rd consecutive session up another 5 points at 3280 after settling last Friday in Chicago at 3235 up another 45 points hitting another all-time high as this gravy train continues to the upside.

At the current time I’m not involved, but I’m certainly not recommending any type of bearish position as I think 2020 will produce excellent percentage-wise returns for the stock market once again as the U.S economy added another 146,000 jobs and is the envy of the world and if you are long a futures contract continue to place the stop loss under the 10-day low as an exit strategy.

Tensions with the country of Iran this week sent the market sharply lower at one point only then to rally significantly as the technology sector is absolutely on fire as this market and palladium are the strongest trends to the upside as I still think there is significant room to run as I will look for some type of price pullback to enter into a bullish position therefor lowering the monetary risk.

TREND: HIGHER

CHART STRUCTURE: POOR

VOLATILITY: HIGH

 

 

 

If you are looking to contact Michael Seery (CTA—COMMODITY TRADING ADVISOR) at 1-630-408-3325 I will be more than happy to help you with your trading or visit www.seeryfutures.com

 

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Email: mseery@seeryfutures.com

If you’re looking to open a Trading Account click on this link www.admis.com

 

There is a substantial risk of loss in futures and futures options. Furthermore, Seery Futures is not responsible for the accuracy of the information contained on linked sites. Trading futures and options is Not appropriate for every investor.

 

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