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S&P 500 Intraday: bullish bias above 5146.00.

2024-04-08
539

Pivot: 5146.00

Our preference: long positions above 5146.00 with targets at 5265.00 & 5310.00 in extension.

Alternative scenario: below 5146.00 look for further downside with 5120.00 & 5075.00 as targets.

Comment: the RSI is bullish and calls for further upside.

Supports and resistances:

5500.00

5310.00

5265.00

5198.00 Last

5146.00

5120.00

5075.00

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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