S&P500 may start downtrend to 2424.75 after break down 2474.25

S&P500 (ES), futures market
Friday forecast, April 3
Downtrend
An downtrend will start as soon, as the pair drops below support level 2474.25, which will be followed by moving down to support level 2444.75 and 2424.75.
Uptrend
An uptrend will start as soon, as the pair rises above resistance level 2500, which will be followed by moving up to resistance level 2525 and if it keeps on moving up above that level, we may expect the pair to reach resistance level 2571.75.

Weekly forecast, March 30 - April 3
Downtrend
The downtrend may be expected to continue in case the market drops below support level 2411, which will be followed by reaching support level 2316 and 2174.
Uptrend
An uptrend will start as soon, as the pair rises above resistance level 2560.75, which will be followed by moving up to resistance level 2634.50 and 2733.75, and if it keeps on moving up above that level, we may expect the pair to reach resistance level 2930.50.

Monthly forecast, April 2020
Uptrend
The uptrend may be expected to continue, while pair is trading above support level 2411, which will be followed by reaching resistance level 2733.75 and 2930.50.
Downtrend
An downtrend will start as soon, as the pair drops below support level 2411, which will be followed by moving down to support level 2111.00.


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