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S&P 500 Intraday: under pressure.

2023-12-20
1074

Pivot: 4735.00

Our preference: short positions below 4735.00 with targets at 4665.00 & 4642.00 in extension.

Alternative scenario: above 4735.00 look for further upside with 4778.00 & 4820.00 as targets.

Comment: the RSI has broken down its 30 level.

Supports and resistances:

4820.00

4778.00

4735.00

4698.00 Last

4665.00

4642.00

4625.00

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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