In equities or spot fx one can open a daily chart to identify historical major support & resistance.

since futures contract expires every 4 months,how does one identify a major S/R on those contracts?

is futures only for day trading? how is it possible to combine all those data say for the past 5-10 years of an ES contract to identify major S/R on a daily chart.

I have thought about this a long time but never really asked

They are called continious contracts.

Back-adjusted, Continuous contracts - best for support and resistance? Which is best for support and resistance trading? Back-adjusted contracts (like IQFeed's @ES#C) or not (like @ES#)? I'm curious what people think. I've preferred regular continuous contracts (not back adjusted), but josh recently questioned …