US Indexes Make New Lows for 2025 — What’s Ahead?

1. Emini S&P March broke important support at 5770/5760 to hit the next downside target of 5725/20 with a low for the day exactly here.
   The low and high for the last session were 5720 — 5853.
   (To compare the spread to the contract you trade)
2. Emini Nasdaq March longs at the buying opportunity at 20450/350 unfortunately stopped this time as we collapsed to 20003
   Last session high and low for the last session were: 20003 — 20647.

Emini S&P March Futures

• Emini S&P bounced off an important support at 5770/60, to minor resistance at 5840/50 with a high for the day exactly here.
  Unfortunately, this advice was wrong: (probably too risky to try short now)!!
• Longs at 5770/5760 stopped below 5745 for a sell signal targeting 5725/20.
• A low for the day exactly here.
• Holding below resistance at 5760/70 keeps the pressure on for a retest of 5725/20 but this is only a target and not a support.
• Therefore, a break lower is more likely, eventually targeting 5698/95 and even as far as 5675/70.
• Further losses are possible as far as 5650/40 next week.
• Resistance at 5760/70 and shorts need stops above 5780.
• A break higher can target 5800 before strong resistance at 5820/30.
• Shorts need stops above 5840.

Nasdaq March Futures

• Emini Nasdaq broke support at 20450/350 this time.
• A break below 20000 (a low for the day exactly here yesterday) is a sell signal targeting 19850/800.
• If we continue lower through 19800 look for 19650/600.
• Strong resistance at 20400/20500 and shorts need stops above 20600

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