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S&P 500 Intraday: key resistance at 5089.00.

2024-04-25
881

Pivot: 5089.00

Our preference: short positions below 5089.00 with targets at 5047.00 & 5015.00 in extension.

Alternative scenario: above 5089.00 look for further upside with 5110.00 & 5142.00 as targets.

Comment: as long as 5089.00 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

5142.00

5110.00

5089.00

5074.00 Last

5047.00

5015.00

4991.00

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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