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S&P 500 (CME) (H4) Intraday: under pressure.
2024-02-20
493
Pivot: 5028.00
Our preference: short positions below 5028.00 with targets at 4985.00 & 4970.00 in extension.
Alternative scenario: above 5028.00 look for further upside with 5040.00 & 5059.00 as targets.
Comment: the RSI is mixed with a bearish bias.
Supports and resistances:
5059.00
5040.00
5028.00
5000.25 Last
4985.00
4970.00
4955.00
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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