E-Mini S&P, EURUSD, FTSE 100

Daily Forecast – 02 May 2013 E-Mini S&P June contract S&P retested the 1591/93 all time high but was unable to break 1597 & trigger stops. The new high at 1595.50 followed by a lower close formed a bearish reversal day to coincide with the bearish double top. We then collapsed to good support at 1579/77 & bounced nicely. Below here today however look for 1571/70. Here we should look oversold short term & could bottom out but longs need a stop below 1567 for a test of 1563

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E-Mini S&P, EURUSD, FTSE 100

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