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S&P 500 (CME) (H4) Intraday: the downside prevails.
2024-01-04
738
Pivot: 4770.00
Our preference: short positions below 4770.00 with targets at 4723.00 & 4707.00 in extension.
Alternative scenario: above 4770.00 look for further upside with 4792.00 & 4812.00 as targets.
Comment: a break below 4723.00 would trigger a drop towards 4707.00.
Supports and resistances:
4812.00
4792.00
4770.00
4748.00 Last
4723.00
4707.00
4688.00
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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