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

2024-02-09
1079

Pivot: 4870.00

Our preference: long positions above 4870.00 with targets at 5100.00 & 5225.00 in extension.

Alternative scenario: below 4870.00 look for further downside with 4762.00 & 4700.00 as targets.

Comment: the RSI is mixed to bullish.

Supports and resistances:

5300.00 ***

5225.00 ***

5100.00 **

5017.00 Last

4870.00 ***

4762.00 **

4700.00 ***

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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