SP 500 Futures Analysis & Targets

The chart is key to this analysis.

(ESU25) 

There are two methods we use at ONE44 to find support and resistance in the markets.

The first are major Gann squares, these are the yellow horizontal lines on the chart.

The second is Fibonacci retracements.

This is our latest Video on how to use the Fibonacci retracements with the ONE44 rules and guidelines. NEW VIDEO

In the update below we have the swing point and what to look for above and below based on the two methods of analysis.

ESU25

From last week,

The market got right back above the 6290.75 major Gann square, 23.6% and the swing point for the week and it went right to the short term target area of 78.6% at 6420.00 and the 6443.00 major Gann square. The 6443.00 major Gann square will be the key level for the week.
 

Use 6443.00 as the swing point for the week.

The rally this week put out a new high and has four closes above the 6443.00 major high and this will again be the key level for the week. 

Use 6443.00 as the swing point for the week again.

Above it, our long term target area is 7214.00 to 7230.00, this another cluster of major Gann squares just like the 6102.00 to 6142.00 cluster that sent the market down to 4850.00. Before then there are only major Gann squares to look for resistance and then use as the swing point when closed above. The next two are 6594.75 and 6752.00.

Below it, the short term target is the previous major Gann square at 6290.75, this is also 78.6% back to the 8/1/25 low. The longer term target is 23.6% back to the 4/7/25 low at 6116.00. Any setback that holds 38.2% back to the 8/1/25 low at 6408.00 keeps the trend extremely positive and a new high can quickly follow.

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Our goal is to not only give you actionable information, but to help you understand why we think this is happening based on pure price analysis with Fibonacci retracements, that we believe are the underlying structure of all markets and Gann squares.

If you like this type of analysis and trade the Grain/Livestock futures you can become a Premium Member.

You can also follow us on YouTube for more examples of how to use the Fibonacci retracements with the ONE44 rules and guidelines.
 

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