SPI200 futures looking for a push higher

Potential Buy Alert

 

SPI200 Index Futures

The SPI200 has been pushing higher the last few days and is now holding above 5740. We see the potential for a move up to test or even break 5760 so like the long side. We expect to initially see a washout lower on the open and then will look for a pop up through 5747 prior to a higher low for entry.

 

SPI200 Dec Futures Current Contract

Current Price : 5743

Status : On Watch for buy entry setup