S&P500 OOPS... E-MINI S&P 500 FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) CME_MINI:ES1! Auguraltrader It appears that the S&P500 ( futures , ES1! ) decisively broke down a long time support that dates back to May 2020. It is also below the 55EMA, and MACD with other technicals are downward biased, indicating a lower target than the recent lows. Possible target of 4280 from now to end Feb.