EUR/USD 1.17359
0.003%
Gold 3644.12
0.279%
Oil 62.263
0.402%
USD/JPY 147.580
0.248%
GBP/USD 1.35611
-0.088%
GBP/JPY 200.144
0.176%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On September 14th, the Russian Ministry of Defense announced that during the joint military exercises "West-2025," the frigate "Admiral Golovko" launched a Zircon hypersonic missile in the Barents Sea, successfully hitting its target. The Russian side also demonstrated footage of a Su-34 fighter jet taking off and dropping bombs. The exercises, which ran from the 12th to the 16th, were conducted at training grounds in Russia and Belarus, as well as in the waters of the Baltic and Barents Seas.On September 14th, US Secretary of State Rubio began a two-day visit to Israel to discuss the next steps in Gaza and how to address the aftermath of the Israeli militarys attack on Doha, the capital of Qatar, on September 9th, a mediator in the Gaza ceasefire negotiations. Before leaving, he told reporters that the attack had upset US President Trump but would not shake US-Israel relations.Russian Ministry of Defense: Russia shot down 361 Ukrainian drones in one day.On September 14th, local time, on the morning of September 14th, the Israel Defense Forces issued a statement saying that in the past month, the Israeli army killed more than 20 members of the Palestinian Islamic Resistance Movement (Hamas) in military operations in the Gaza Strip, including several militants who participated in the attack on October 7, 2023. The statement also announced the names and photos of some of the personnel.On September 14, Leningrad Oblast Governor Drozdenko posted on social media that a train carrying 15 tank cars derailed in the Luzhsky region of the state that day, resulting in the suspension of rail traffic in both directions. The derailed tank cars were not carrying cargo, and the accident did not cause any casualties.

E-mini S&P 500 Index (ES) Futures Technical Analysis – Intraday Momentum Could Shift on Sustained Move Over 3930.25

Cory Russell

May 13, 2022 11:09

After reaching a one-and-a-half-year low during the pre-market session, June E-mini S&P 500 Index futures are trading down soon after the cash market opens on Thursday, as worries build that rapidly increasing inflation will force interest rates higher and put the global economy to a halt.


These issues, along with a German warning that Russia was now using energy supplies as a "weapon," dragged Europe's leading stock indexes down, leaving MSCI's global market index about 20% down for the year.

Advertisement

Do you know where the market is going? Take advantage of this opportunity today.

Begin trading

74% of retail CFD accounts are losing money.

June E-mini S&P 500 Index futures are at 3890.00 at 13:34 GMT, down 40.25 or -1.02 percent. The S&P 500 Trust ETF (SPY) is now trading at $388.15, down $4.60 or 1.17 percent from its previous close.


Daily Swing Chart for the E-mini S&P 500 Index in June Technical Evaluation

According to the daily swing chart, the major trend is down. The return of the decline will be signaled by a trade through the intraday low of 3883.25. The major trend will turn to up if 4303.00 is broken.


4303.00 to 3882.50 is the minor range. The closest resistance is around 4092.75 to 4142.50, which is a retracement zone.

Suggestion