S&P 500 Trading: Futures Needs Break Above 2092.00. 20 Novembre 2015.

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Yesterday’s small bodied candlestick couldn’t take S&P 500 Futures below SMA20, which held as a good support over intraday basis.

S&P 500 Trading: Futures Needs Break Above 2092.00. 20 Novembre 2015.

Still, RSI moves above the value of 50.00, while ADX is positive despite a sign of weakness formed yesterday.

We will depend on stability above moving averages to suggest further upside actions.

A break above 2092.00 is required to affirm and accelerate.

Support: 2075.00-2062.00-2056.00

Resistance: 2097.00-2107.00-2113.00

Direction: Bullish.