Entering text into the input field will update the search result below

S&P 500

Mar. 12, 2021 6:01 AM ET1 Comment
WMA, LLC profile picture
WMA, LLC's Blog
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.


  • Watch price around the February intraday high on the S&P 500 futures contracts.
  • Double tops are rare, but powerful figures.

The S&P 500 is the chart of the day.  One phrase: “potential double top”. We were watching the S&P 500 futures contract in session on Thursday. Price rallied straight to the February intraday high, stopped, and pulled back.  Its rare to see such a perfect double top, and a fake-break above is still likely. But if news comes out that encourages selling, this level could be a powerful turning point.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.