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S&P 500 ST: further upside.

2024-03-28
595

Pivot: 5130.00

Our preference: long positions above 5130.00 with targets at 5330.00 & 5450.00 in extension.

Alternative scenario: below 5130.00 look for further downside with 5040.00 & 4920.00 as targets.

Comment: the RSI calls for a new upleg.

Supports and resistances:

5500.00

5450.00

5330.00

5254.00 Last

5130.00

5040.00

4920.00

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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