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S&P 500 (CME) (H4) Intraday: the bias remains bullish.

2023-12-18
997

Pivot: 4772.00

Our preference: long positions above 4772.00 with targets at 4820.00 & 4840.00 in extension.

Alternative scenario: below 4772.00 look for further downside with 4755.00 & 4728.00 as targets.

Comment: the next resistances are at 4820.00 and then at 4840.00.

Supports and resistances:

4860.00

4840.00

4820.00

4796.00 Last

4772.00

4755.00

4728.00

The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.

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