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S&P 500 (CME) (H4) Intraday: watch 5157.00.

2024-03-04
298

Pivot: 5115.00

Our preference: long positions above 5115.00 with targets at 5157.00 & 5175.00 in extension.

Alternative scenario: below 5115.00 look for further downside with 5090.00 & 5063.00 as targets.

Comment: technically the RSI is above its neutrality area at 50.

Supports and resistances:

5200.00

5175.00

5157.00

5140.00 Last

5115.00

5090.00

5063.00

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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