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S&P 500 (CME) (H4) Intraday: the bias remains bullish.
2023-12-20
425
Pivot: 4800.00
Our preference: long positions above 4800.00 with targets at 4825.00 & 4836.00 in extension.
Alternative scenario: below 4800.00 look for further downside with 4787.00 & 4772.00 as targets.
Comment: investors have to remain cautious since these levels may trigger profit taking.
Supports and resistances:
4860.00
4836.00
4825.00
4813.75 Last
4800.00
4787.00
4772.00
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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