S&P 500 E-mini Futures 4th January 2022

 

S&P 500 Primary & Weekly Range

Completes the 100% range of the 2021 range and likely to move higher in the 1st Quarter towards the 2022 highs - 

You wouldn't want to be buying around 4879 -5006

If there's early selling pressure at the start of January, then it's down into the 2022 50% level at 4405, then look for a potential bounce to follow the trend towards those 2022 highs