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S&P 500 (CME) (H4) Intraday: the upside prevails.

2023-12-22
822

Pivot: 4785.00

Our preference: long positions above 4785.00 with targets at 4830.00 & 4845.00 in extension.

Alternative scenario: below 4785.00 look for further downside with 4770.00 & 4750.00 as targets.

Comment: the next resistances are at 4830.00 and then at 4845.00.

Supports and resistances:

4860.00

4845.00

4830.00

4805.00 Last

4785.00

4770.00

4750.00

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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