S&P500 E-mini Levels For 3/10/2025

$ES_F Analysis & Game Plan

Big Picture: Bias is Bearish, Market Has Broken The Upward Channel Support From October 2023 Low, $VIX 25-30 (medium volatility)

• Today´s Pivot is 5747

In the Sunday Post, I pointed out that both market sentiment and market breadth are at levels that typically coincide with market turnarounds. Moreover, the stock market has been following its usual seasonal pattern for the post-election cycle (see chart below). If this trend continues, the S&P 500 may have already bottomed or could be in the process of bottoming. That said, it’s important to remember that these patterns are based on historical averages and are not guarantees. Market behavior is influenced by a wide range of factors, and outcomes can vary at any time. Past performance does not predict future results, which is why PalmaFutures focuses on price action and level-to-level trading—prioritizing real-time market dynamics over seasonal trends.

h/t:

Daily Chartbook

Market Analysis