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S&P 500 (CME) (Z3) Intraday: the downside prevails.

2023-10-25
949

Pivot: 4240.00

Our preference: short positions below 4240.00 with targets at 4190.00 & 4168.00 in extension.

Alternative scenario: above 4240.00 look for further upside with 4263.00 & 4280.00 as targets.

Comment: a break below 4190.00 would trigger a drop towards 4168.00.

Supports and resistances:

4280.00

4263.00

4240.00

4213.00 Last

4190.00

4168.00

4150.00

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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