S&P 500 futures: anticipate up thrust with a short trading setup | daily market analysis

S&P 500 futures were down by 0.1% during the London session while concern on poor oil demand continues to haunt oil prices.

27 Apr 2020 recap — on the daily chart, S&P 500 continued to edge higher with decreasing spread and slightly lower volume compared to last Friday’s session. During the last hour, it attempted to test the swing high at 2885 but was rejected and closed at 2869, which is inline with my daily market analysis from yesterday.