In the current sp500 broad market futures contract, market participants quote a price range of 3090 — 3415 based on the results of trading .
Limit market orders for the purchase of the aggressor of the market are located from 3181 in the total value of 3890 contracts.
In the new contract with expiration in June 2020, portfolio investors see optimism in the figures of the sp500 index. According to the results of trading on January 8 2020 the sp500 rate can find its support in the average price of 3640 points in the middle of the summer of 2020
However, closer to the fall of 2020, investors are not so objective in their estimates of the value of the sp500 index. investors expect a soft monetary policy from the us Federal reserve as well as further expansion to reduce the interest rate .
This post is not a guide to action and does not contain a trade recommendation
Prepared by IKS Analytics Group