SP500 emini futures price projection

S&P500 Emini Futures Price and Direction, watching as we had a capitulatory sell this past week and watching the retracement (38.2)

The S&P500 emini futures price and direction to start the week. The first major resistance is the 200MA at 1890. Buyers tested this Friday with a a move up to pierce but not close above. Support is at 1864 with a closed gap on the opening price action.

Today’s Projected range
1850 to 1900
Volume could fall off
Resistance 1893 and 1900 1913
Support to 1864 1850
Capitulation to 1800

Watching for this to stay in a tight range, no dominant pattern as there could be buyers following through on Friday’s momentum.

Possibility of a Inverted Head and Shoulders with a return to 1940.