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S&P 500 Intraday: under pressure.
2024-02-20
716
Pivot: 5048.00
Our preference: short positions below 5048.00 with targets at 4970.00 & 4922.00 in extension.
Alternative scenario: above 5048.00 look for further upside with 5079.00 & 5126.00 as targets.
Comment: a break below 4970.00 would trigger a drop towards 4922.00.
Supports and resistances:
5126.00
5079.00
5048.00
5005.00 Last
4970.00
4922.00
4883.00
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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