Princetontrader Futures Trading Education Charts of The Day December 7, 2016

The S&P Futures Bulls have done everything right this week. They have defended the daily midband, broken above weekly pivot, broken over 2203 and now made a move over 2209. The final step would be to print all time highs and convert 2214 to support.

Daily Chart:

The Bulls have done everything right this week.  They have defended the daily midband, broken above weekly pivot, broken over 2203 and now made a move over 2209.  The final step would be to print all time highs and convert 2214 to support.

Hourly Chart:

120716-hourly