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S&P 500 (CME) (Z3) Intraday: key resistance at 4280.00.

2023-10-24
844

Pivot: 4280.00

Our preference: short positions below 4280.00 with targets at 4215.00 & 4190.00 in extension.

Alternative scenario: above 4280.00 look for further upside with 4300.00 & 4320.00 as targets.

Comment: as long as 4280.00 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

4320.00

4300.00

4280.00

4253.00 Last

4215.00

4190.00

4168.00

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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