S&P 500 Bull Theme For 1887.5 And 1900.0
· A strong push higher, building on the Monday reversal above trend line resistance on the June contract, with a similar reversal on the continuation chart and also through 1866/68 and 1876/77 chart barriers.
· The overnight session push above our key barriers 1880.5/82.25 signals a topside breakout for a more bullish theme now into this week.
· Back above 1882.25 re-energizes upside pressures to aim through the record high, 1887.5, to psychological 1900.0 and for early April, to the channel, now 1907.0
WHAT CHANGES THIS?
· Below 1856/55 eases bull risks; through 1834.0 signals a neutral tone, only shifting negative below 1823.5.
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Daily SP500 E-Mini Future (Adjusted Continuation Chart)