May 27, 2025
Commodity Futures Weekly Newsletter- For the week of May 26th, 2025
The E-mini S&P is in focus, showing continued recovery from the low of 4832 while
To view today's post as a PDF, please use the button below:
A publication by the Research Team at Capital Trading Group: 800-238-2610
Indices
S&P E-mini Futures
S&P Futures rally stalls below Resistance.
Hello and Welcome! As usual, in this week’s newsletter we will start with the Indices, with the E-mini S&P in focus. The daily chart shows a continued recovery from the chart low of 4832, following a clear A,B,C decline from the chart high of 6,166.50. The market closed at 5,814.75 this week.
Resistance intact at 6,090.25
The recovery is currently labeled as Wave X in the middle of an ABCXABC decline. A double zigzag. Support is 5,127.25 for the advance and as it holds, the upward recovery would be thought to be in progress. With RSI still in bullish territory at 55.23, continue to allow for further upside while reading out above 50. The final resistance area below the all-time high of 6,166.50 is located at 6,090.25. This is where the recent leg of the 3-wave rise from 4,832 becomes 1.382x the length of the initial advance in Wave X.
Conclusion
We can see, the rise is in 3-waves. If we witness a 5-wave rise from 4,832, the focus would be on a complete correction ending at 4,832 and a continuation to new highs above 6,116.50, toward 6,254.50, where the current leg of the rise from 4,832 reaches 1.618x times the length of the initial rise, and is listed on the chart. If critical support at 5,127.50 is violated to the downside beforehand, favor another zig zag lower toward 4,832 and 4,711 at the 23.6% Fibonacci Support of the entire rise to the 6,166.50 all-time high of the Index. The 5,520 high in the initial leg up from the Wave C low of 4,832 is the level which would be the closest area of support.
For complete strategies in Futures and Option pricing to potentially capitalize on this analysis, call 800- 238-2610 to speak to a registered broker with Capital Trading Group or request more information on how to get started via email sent to info@capitaltradinggroup.com.
Thank you!
Trading advice given in this communication, if any, is based on information taken from trades and statistical services and other sources that we believe are reliable. The author does not guarantee that such information is accurate or complete and it should not be
relied upon as such. Trading advice reflects the author’s good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice the author provides will result in profitable trades. There is risk of loss in all futures and
options trading. Any investment involves substantial risks, including, but not limited to, pricing volatility, inadequate liquidity, and the potential complete loss of principal. This article does not in any way constitute an offer or solicitation of an offer to buy or sell any
investment, security, or commodity discussed herein, or any security in any jurisdiction in which such an offer would be unlawful under the securities laws of such jurisdiction.
