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S&P 500 (CME) (H4) Intraday: intraday support around 5018.00.

2024-02-09
573

Pivot: 5018.00

Our preference: long positions above 5018.00 with targets at 5038.00 & 5054.00 in extension.

Alternative scenario: below 5018.00 look for further downside with 5005.00 & 4996.00 as targets.

Comment: the next resistances are at 5038.00 and then at 5054.00.

Supports and resistances:

5075.00

5054.00

5038.00

5027.00 Last

5018.00

5005.00

4996.00

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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