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

2024-02-16
1089

Pivot: 5021.00

Our preference: long positions above 5021.00 with targets at 5064.00 & 5091.00 in extension.

Alternative scenario: below 5021.00 look for further downside with 5006.00 & 4985.00 as targets.

Comment: the next resistances are at 5064.00 and then at 5091.00.

Supports and resistances:

5130.00

5091.00

5064.00

5044.00 Last

5021.00

5006.00

4985.00

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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